Rick’s Featured Trade Ideas

CARA/Long (Healthcare) RBB  | T-Line™ Run | Support |  Doji/Bullish Engulf | Morning Star family
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CARA| Plan your trade & trade your plan | April 13, 2016
Possible entry plan idea:   Buy box $Members only
Possible stop plan idea:   Close below $members only
Risk Reward 4:1 depending on entry/exit/stop

SPY:  2-ema vs T-Line™ Short term bulls in control
7:00 am:  The Bulls were able to close back over the T-Line yesterday and above the $204.00 support line.  A look at the morning futures suggests the Bulls will try and could possibly succeed breaking out of the sideways chop that we’ve been in the past couple weeks.  A successful Continue Reading

Rick’s Featured Trade Ideas

BTG/Long (Basic Materials) T-Line™ Run | Dbl Bottom|  Breakout  | J-Hook Continuation pattern
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BTG| Plan your trade & trade your plan | April 12, 2016
Possible entry plan idea:   Buy box $Members only
Possible stop plan idea:   Close below $Members only
Risk Reward 9:1 depending on entry/exit/stop

SPY vs T-Line™  Price < T-Line™ Choppy market
7:00 am:  S-i-d-e  W-a-y-s  M-a-r-k-et… After the April 1 high, the market has slipped into a short-term sideways trance. Last week I spoke of the $204 level being important for the bull to defend and the bears to capture, and it still remains an important hill for both sides. If the bears capture the $204.00 hill, the next battle should take place around $201.75.
Hanging Man, take a look at your 3-day chart and you should see 2 Hanging Men dangling the legs right in front of us. Read more about the Hanging Man.
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