One of Today’s Swing Trade Ideas
CSLT/Long (Software) CSLT became a Rounded Bottom Breakout in early May running about 20% and now has pulled back with consolidation closing yesterday with a Doji gap above the T-Line creating a bullish morning star signal.
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BLUE up 27% from May 7, ADHD up 13.27% from May 11, MX up 10.92 from May 13
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Good Morning,
SPY: The 13 ETF Spiders I follow have all closed below the T-Line as of yesterday, and the transports IYT seems to be the leader of the group. Yesterday was a rough day for the SPY closing down 1.08% gapping down and crushing the T-Line on strong volume. The SPY may still see a test of the 50-day simple moving average before this week is up.
IWM: IWM continues to show weakness closing below the 50-day simple moving average and with the 20 SMA below the 50 SMA, this is starting to look like a blue ice failure which is a short setup that we follow and trade.
This Week’s Economic Calendar—> Click Here
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!
Members Trade Ideas Click Here
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.
| Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 5.21.15 | Long | BOPT above T-line | ||
| 5.20.15 | Long | BOPT above T-line | ||
| 5.19.15 | Long | BOPT above T-line | ||
| 5.13.15 | Long | Wait for buy signal | ||
| 5.6.15 | Long | Wait for buy signal | ||
| 5.4.15 | Long | BOPT | ||
| 4.28.15 | Long | BOPT above T-line | ||
| 4.23.15 | Long | BOPT | ||
| 4.22.15 | Long | weakness setting in | ||
| 4.14.15 | Long | BOPT above T-line | ||
| 4.13.15 | Long | BOPT above T-line | ||
| 4.10.15 | Long | caution | ||
| 3.30.15 | Long | BOPT above T-line | ||
| 3.24.15 | Long | BOPT above T-line | ||
| 3.6.15 | Long | weakness setting in | ||
| 1.22.15 | Long | BOPT above T-line | ||
| 7-8-14 | Long | Short set up yest |
VXX S&P 500 VIX Short Term Futures: A close avove the T-Line ™ implies the bullish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the above short-term bearish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.
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.
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