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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Rick’s Featured Trade Ideas

ETE/Long (Energy) RBB | Dbl Bottom|  Morning Star  | Continuation pattern
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ETE| Plan your trade & trade your plan | April 11, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 8:1 depending on entry/exit/stop

SPY vs T-Line™  2-ema > T-Line™ Choppy market
7:00 am:  Last week the SPY pretty much crawled along the $204.00 support line, and according to the morning futures today, we are opening above the $204.00 support line.   Above $204.65, the Bulls may be trying to put a run together; below $203.95 and the bears may be starting to wake up.   The earnings Continue Reading