Swing Trade Ideas March 17, 2016
Rick’s Featured Trade Ideas
HNT/Short (Health Care) HNT | BIF| Lower Lows | Failing Top | 30% opportunity
Hit & Run Members and Trading room:
TOO 26%
TGP 12%
SM 16%
The place serious traders hang out.
HNT| Plan your trade & trade your plan | March 17, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 15:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: Based on yesterday afternoon’s bullish move, the market likes it when the FED says that global weakness will hurt the US, and they will go from four rate hikes to two rate hikes. Want to bet we go from two to zero this year meaning the global economy is not so good. Hell, Farmer John could have told them that. The SPY moved higher into more resistance and very overbought. Good consolidation around the 200- Continue Reading