Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
BG | PBO buy box 62.25 and 65.67 |J-Hook continuation | Morning Star

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator

The DIA’s are desperately searching for footing so they can call it support, closing below the T-Line™ yesterday and creating another lower low.  The morning futures at the moment suggest an open below the T-Line™.  The QQQ’s are strong while IWM and the SPY are a bit flat.  SMH is a huge leader while IYT struggles.  There are only three directions the market can go:  up, down or sideways. When the market moves sideways, swing traders become frustrated and impatient and can lead to mistakes like forcing a trade because you feel like you have to put a trade on.  Don’t worry; the market will find a direction.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.

SPY:  T-Line™ & Daily chart | T-Line holding price
IWM:  T-Line™ & Daily chart | T-Line holding price
SMH:  T-Line™  & Daily chart | Bullish
IYT:  T-Line™ & Daily chart | T-Line crack
DIA:  T-Line™ & Daily chart | Concerned and cracking
VT: T-Line™ & Daily chart | T-Line holding price
USO:  T-Line™ & Daily chart |  seller control | Oversold
UUP:  T-Line™ & Daily chart |T-Line crack
VIX: T-Line™ & Daily chart | Signs of buyers
TNX-x: T-Line™ & Daily chart | T-Line crack
Here is what one of our members had to say yesterday:  “Rick, just wanted to say thanks.  This month I have had 3 wins and 3 losses, but the losses were very small and only 1/4 of the wins.  First profits in months.  I listen and note what you say and trade the plan.  Yes, still making some mistakes, but really learning!”
-Mary V.

Each day a trade idea list is posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Members Only
Keep your eye on the inverse ETF’s They trade well!

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 shoud buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.