Today’s Swing Trade Ideas
NTLS/Long (Telecom Services) NTLS has formed a bullish J-Hook breakout into a void while in a RBB pattern.
Possible entry plan idea: Below $6.41 and above 5.70, breakout buyers above 6.41
Possible stop plan idea: A close below 5.70
More on how to trade NTLS in the Live Trading Room 9:10 AM Eastern
LOCO, closed LOCO with a nice profit ahead of the weekend, will be watching for another trade this week.
Good Morning,
SPY: The SPY has yet to produce a close over the T-Line, but it did hold Wednesday’s low, and the SPY is trying to make the 50-simple moving average area as support. Continue to follow price and the T-Line and how they act with each other. Price continuing to close below the T-Line indicates the sellers are still in charge; price closing over the T-Line indicates the buyers are trying to reverse the current trend. Let’s not forget we have FOMC meetings on Wednesday which is always a possibility of a game changer.
The following are numbers that the market must confront, beat and hold in short order; otherwise, we could see a sellers’ pattern develop:
SPY $208.70
IWM stay above $121.95
DIA $180.12
QQQ $106.31
IWM: IWM continues to lead the race continuing Friday with a close over the T-Line and the 20-day simple moving average after a troubling morning and mid-morning on Friday. IWM still needs to maintain a close over $121.95
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. Remember to check for earnings!
Symbols from TC2000
Members 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.
| Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
| 3.13.15 | Long | Wait for buyers | ||
| 3.12.15 | Long | BOPT | ||
| 3.11.15 | Long | Waiting for buy signal to add | ||
| 3.9.15 | Long | BOPT T-Line run I closed for profits | ||
| 3.6.15 | Long | BOPT | ||
| 3.2.15 | Long | BOPT above T-Line | ||
| 2.25.15 | Long | Waiting for buy signal | ||
| 2.24.25 | Long | BOPT | ||
| 2.23.15 | Long | Waiting for buy signal | ||
| 2.17.15 | Long | Waiting for buy signal | ||
| 2.13.15 | Long | BOPT above T-Line | ||
| 2.12.15 | Long | Waiting for buy signal, double bottom | ||
| 2.4.15 | Long | Waiting for buy signal | ||
| 2.3.15 | Long | BOPT above T-Line | ||
| 1.22.15 | Long | BOPT above T-Line | ||
| 1.7.15 | Long | BOPT | ||
| 12.22.14 | Long | BOPT | ||
| 7-8-14 | Long | Be ready to buy |
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 below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the bearish 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 above the T-Line ™ implies the bullish 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.
Comments are closed.