Rick’s Featured Trade Ideas

LPLA/Long (Financial) Rising T-Line™ | Bullish Flag | 3-day Morning Star

LPLA| Plan your trade & trade your plan | April 21, 2016
Possible entry plan idea:   Buy box $25.42- $26.88
Possible stop idea:   Protective stop below $25.42
Swing trade playground:  $25.50 – $36.70
Playground risk reward:  13:1 + depending on | entry | exit | stop

SPY:  Price vs T-Line™ Bulls in charge
7:00 am:  Yesterday the SPY managed to eek out a gain of .10% closing with its second Doji.  With two days of doji indecision, it would appear the market is having a tough time figuring out the best direction for price.  The chart continues to suggest bullishness with price leading the T-Line™ and the T-Line™ is still leading up.  BUT be warned  a close below $208.99 would be a warning, and a close below $207.00 would be a stronger warning.

IWM:  Daily chart |Pair of dojis | T-Line™ trend  up
SMH:  Daily chart |Weak |  Toppy  | T-line™ trend down
IYT:  Daily chart | Testing a top |
S&P VIX Short-Term Futures VXX:  Daily chart | Fear trying to bubble
USO Unites States Oil Fund:  Daily chart | Bullish trend still in play

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!
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.
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.