Rick’s Featured Trade Ideas

FB/Short (Internet Content) FB | 2-day chart Evening Star | Head & Shoulder | Broke recent down trend line | Failed T-Line™ | Bearish continuation pattern setting up

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URBN +36%
ROSG + 27%
TWI +58%
And there’s more
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FB | Plan your trade & trade your plan | March 9, 2016
Possible entry plan idea:   Short box $Members Only
Possible stop plan idea:   Cover above $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  (T-Line™ > 34-ema Bullish Trend) 
The bullish relief rally stumbled a little yesterday closing down 1.9% on the SPY.  Although closing above the T-Line™, one has to wonder if the SPY and the overall market has run out of energy to push through the major resistance area in the very near future.  Perhaps a slight pullback consolidation would be helpful. The hourly chart has me concerned, formed a bearish ‘h” pattern.
$197.90 managed to hold keeping yesterday’s pullback still in relief rally bull territory.
Having  a mix of long and short positions would be a good plan.

IWM:   Nasty day, held above the T-Line™
SMH:   Will the T-Line™ run continue?
IYT:  Transports need to get back into gear
S&P VIX Short-Term Futures VXX:  Still below the T-Line™
USO Unites States Oil Fund:  Still trying to construct a bottom

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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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.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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.