Rick’s Featured Trade Ideas

CTCM/Long (Broadcasting)  In the CTCM chart, A RBB – Rounded Bottom Breakout has been constructed with a nice long constructed base.

Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.

CTCM/ Profits through education  Oct. 8
Possible entry plan idea:   Buy box $
Possible stop plan idea:   Stop below $
Risk Reward 7:1 depending on entry/exit/Stop

This is the place you ought to be!
WG/ member’s trade idea on OCT 5, up 72 %
SMCI/ member’s trade idea on OCT 6, up 14 %

Hit & Run Membership / Right Way Options
Membership Options – Click Here

SPY:  The Spy closed yesterday at the 50sma and our resistant target area. With 7 days up and over 6% I would be rather careful until we see a supported pull back.

IWM:  Bullish with the T-Line below
SMH:  Bullish with consolidation likely
IYT:  Needs to clear the down trend line
VXX:  Not much to say other than price is trying to consolidate after its recent bull run.

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 below
Symbols from TC2000

Keep your eye on the inverse ETF’s They trade well!

To see all of today’s 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.

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

SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here

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.