Member’s Trade Ideas 11-9-2016 Posted time - 8:11 AM EST

Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
WB Short | Bearish Engulf  |  Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.

wb-short-11-9-2016Good Morning, Profit Traders,

From a bear’s eye: The morning futures after a Trump win has us opening around the 200-sma on the SPY near the lower downtrend line. Continued weakness would take us to about $207.00ish.  Breaking down below the lower trend line could also set us up for a test of near the JUNE lows.

From  bull’s eye:  The morning futures have us around the 200-sma possibly forming a double bottom. A close above $209.70 would suggest a run to about $215.25.  Keeping in mind the trend is negative, so a bull trade on the SPY would be a relief rally trade only.
A quote from Ed Carter, one of the speakers:
– I’ll be explaining the six different types of support/resistance and how to find them.
– I’ll explain how to tell a strong S/R level from a weaker one.
– We’ll cover the 3 key rules for using support and resistance in your trading.

holiday-special-opffer

 

 

 

Learn More:  CLICK this LINK to LEARN MORE
Lear to be your own BOSS and earn an income from your own home

Learn the Basics – Build your trading foundation
Gain insight – Daily updates keep you on your toes
Set Goals – Then MEET THEM
Become a Master – And never stop learning
Join a Team – Members share their expertise as well

Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
TZA
SPXS
CLDX
CCJ
IGT
NCR
AGO
VOYA
UIS
FTI
—–Short
WB
CUDA

These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains.  You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

2-hours with a Trading Coach can be a game changer!
We have 4 coaches that can help you jump hurdles and reach your trading goals.  You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler

Private Coaching – Click Here
Membership Options – Click Here
Educational products – Click Here

Comments are closed.