Public Swing Trade Ideas August 12, 2016

Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
NMBL | RBB | Morning Star |

nmbl 8-12-16Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator
Retail rallies; oil moves higher. Members are killing it with profits; Hit and Run Candlesticks closed ONC for 60% and EXK for 19%.  The market is in a bullish frame of mind with price leading the T-Line™.  It’s Friday and we will be surrounded by friends in the trading room today!  It just doesn’t get any better than that!
Interestingly, the VIX did not move lower yesterday.  Never take your eye off the ball.  Always be suspiousis and cautious as it may mean nothing, but the oversold VIX trying to build support while the market moves higher warrants caution while trading long with profits.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.

SPY:  T-Line™ & 2-hour chart | 217.85 Support
IWM:  T-Line™ & 2-hour chart | 122.35 resistance
SMH:  T-Line™ & 2-hour chart | 64.50 resistance
IYT:  T-Line™ & 2-hour chart | 140.45 support
DIA:  T-Line™ & 2-hour chart |185.70 support
USO:  T-Line™ & 2-hour chart | 10.00 support
UUP:  T-Line™ & 2-hour chart | 24.70 support
VIX: T-Line™ & 2-hour chart |12.15 resistance

Each day a trade idea list is 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!

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

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 curren

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