Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
BDSI | RBB | PBO  | J-Hook

Double click the trade plan to enlarge

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!
The Bulls were able to close the SPY over $218.90 on a very unfriendly candle.  We now have a Shooting Star that is still active and a double top with what could end up being another Shooting Star.
I think the market will be a bit crazy and unpredictable till we hear the outcome of the Jackson Hole Fed meetings.  It is very hard to be a super bull or a super bear right now.

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,
TRXC
RRC
PMTS
OCN
NK
ENDP
WAC
SIG
CLMT
BW
BDSI
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.