Today’s Swing Trade Ideas

MILL/Long (Energy oil and gas)  After forming a rounded bottom, a Doji Bullish Engulf was printed followed by a breakout of the 50-period moving average, two days of consolidation followed by a Bullish Engulf and then Friday closing with a Doji has MILL not only as a Rounded Bottom Breakout but also a Doji continuation pattern.

Entry, Stop & Profits for MILL will be discussed at 9:10 Eastern in the Trading Room…
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SPY:  On the weekly chart, the SPY opened off the lows and closed above the highs, also opening below the 20-day period moving average and T-Line, then closing above both as Continue Reading

Today’s Swing Trade Ideas

ESI/Long (Education and Training Services)  ESI has printed a bullish morning star signal that closed right at the 50-day simple moving average.  For about 3-1/2 months, it’s been cruising sideways after its October bullish pop.  From yesterday’s candlestick pattern, we are looking for a 20% plus move.

Entry, Stop & Profits for ESI will be discussed at 9:10 Eastern in the Trading Room Click Here to Join

Yesterday’s featured trade idea and members list:  (LPI) produced 16.55% yesterday. We also closed LINE, MCEP and SN for 16.44%, 17.66% and 34.6%.  For almost two weeks we’ve been waiting to pounce on these oils.

If you missed last night’s Member E-Learning you can find it posted in the members area

Good Morning, 

SPY:  The power of bubbling crude.  The energy sector saw a bounce the last couple of days, and you can see it in charts such as USO, XLE, OIH, ERX, and SX90. With oil Continue Reading