Today’s Swing Trade Ideas

SM/Long (Energy) SM has broken out of the construction base at about $40, you can see the higher lows prior to the breakout as well as several candlestick patterns and signals.  SM has had profit taking with a PBO signal hinting that higher prices are ahead with a J-Hook trying to form.

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Below is part of an email I received last night from a member.
Hello Rick.
I enjoyed the two free membership weeks, so much that I subscribed on Tuesday, three days ago, for an annual membership. That membership paid for itself in 2.5 days at noon today.
Mark – Mark is real and in the trading room
Become a member Today

Good Morning, 

SPY:  The SPY finished the day in perfect form into the close and closed at $208.92 with a seven day T-Line run with a two-bar low and the bullish morning star signal followedby a Doji continuation pattern.  A beautiful work of art is what this is.  This is a good time to bring forward your bullish T-Line run rules and sharpen up on minor profit taking candlesticks versus larger reversal candlesticks and, of course, bullish candlesticks as well as patterns.

IWM:  Seven day bullish T-Line run followed by a Doji pull back to the T-Line and the bullish gap. The Bulls are looking for $121.05.

This Week’s Economic Calendar—> Click Here

Members Trade Ideas –  Members Only

In the members area you will find 10-15 trade ideas every day

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits.

Symbols from TC2000

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A close above the  T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above the  T-Line ™ implies the bullish short-term swing traders are in control. This should change today, watch for a close over the T-Line.

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.