Rick’s Featured Trade Ideas

CPST/Long (Industrials) Cradle Pattern | Morning Star 3-D Chart | Pinball setup

CPST| Plan your trade & trade your plan | March 31, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 10:1 depending on entry/exit/stop

SPY and T-Line Swing Trade Attitude: Daily Chart Price & T-Line™ Bullish
7:00 am:  The SPY closed higher yesterday, just as we expected, based on the previous price action which can be seen through the candlesticks and candlestick pattern.  Investors did leave us yesterday with a gap-up Doji deep into resistance territory.  This is a sign of caution as we may see a slight pullback/profit taking. As long as price continues to close above the T-Line™, the Bulls will maintain the power, and a close below the T-Line™ would be a sign that the Bulls are passing the power on to the bears, and if we were to see a close below $201.50, I would take this as a sign that the bears have taken control of price.

IWM:   4-hr chart | Needs to stay above $108.50
SMH:   Daily chart | Bulls need to defend $54.75
IYT:  Daily chart| Below $143.90 is a weak sign for the bulls
S&P VIX Short-Term Futures VXX:  Daily chart | Above $18.60, the bulls might try to take more
USO Unites States Oil Fund:  Daily chart | Above $10.20 would make a swing trade

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.