Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
CSTM | Bullish Engulf

Double click the trade plan to enlarge

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!

“Once you attach an assumption to a piece of evidence, you start to bend the narrative to support it.”  $218.90 remains the number for the bulls to beat in this slow grind up.  The Feds are not likely to raise rates any time soon and the market loves that idea.  Yesterday, the bulls held price over the T-Line™.  A close above $218.90 today could be the start of the next leg up, barring any bad news. Until the recent Shooting Star is dismissed by the bull, it is still a threat.

Yesterday we heard from one of our members that for the past six months, he has launched his account by 54%!  That’s FANTASTIC!

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
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Members Daily Trade Ideas,
Reserved for Members Only
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains.  You must follow your trading rules for entry stops, profits or loses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

Based on the close yesterday | Watch for the change
SPY:  T-Line™ & 2-hour chart | T-Line above the 34ema
IWM:  T-Line™ & 2-hour chart | T-Line above the 34ema
SMH:  T-Line™ & 2-hour chart | T-Line above the 34ema
IYT:  T-Line™ & 2-hour chart | T-Line above the 34ema
DIA:  T-Line™ & 2-hour chart |T-Line below the 34ema
USO:  T-Line™ & 2-hour chart | T-Line above the 34ema
UUP:  T-Line™ & 2-hour chart | T-Line below the 34ema
VIX: T-Line™ & 2-hour chart |T-Line above the 34ema

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.