Today’s Swing Trade Ideas
EA/Long (Technology Gaming) Coming from a five day rally EA found some selling that pushed it back to the 50-simple moving average, from the 50-simple we had a gap up Friday closing bullishly with a morning star candle pattern above the T-Line and the 20-simple moving average. EA is approaching a longer-term double top. Caution for sell signals but a bullish breakout could lead us up to the $80 area
More on how to trade EA in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $53.63 to $58.50
Possible stop plan idea: A close below $57.09
Members the trading room password will be updated tomorrow night after member E-Learning.
Good Morning,
SPY: For the past five months, the SPY has been in a choppy, peak-and-valley condition with the T-Line and the 20-simplemoving average continuing to make higher highs. Friday ended the week with price below the big three, and the 100-simple moving average will put work on the plate of the bulls right away today trying to find themselves a path to close above the 50-day simple moving average. On the SPY weekly chart, there could be some real danger if the Bulls can’t fight themselves out of the situation they’ve put themselves in. Regarding the past five candles on the weekly chart, I see a bearish evening star and a bearish engulf that has closed below the 20-simple moving average. This is a clue the buyers just cannot ignore. Bullish action is needed.
IWM: IWM has been the leader, but last Wednesday it got spanked and spanked hard. The buyers will need to overcome the 20-day simple moving average and the T-Line this week to prove they have what it takes to continue to lead. Without IWM’s bullish leadership, stay on the defensive.
This Week’s Economic Calendar—> Click Here
Members Trade Ideas – Members Only
In the members area you will find 10-15 trade ideas every day
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Symbols from TC2000
**Members 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.
| Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
| 3.26.15 | Short | Short on weakness | ||
| 3.25.15 | Long | Wait for buy signal | ||
| 3.24.15 | Long | BOPT | ||
| 3.19.15 | Long | Close or Manage | ||
| 3.18.15 | Long | Wait for buy signal | ||
| 3.13.15 | Long | BOPT/ Close below T-Line | ||
| 3.11.15 | Long | BOPT over T-Line | ||
| 3.6.15 | Long | Wait for buy signal | ||
| 3.2.15 | Long | BOPT | ||
| 2.25.15 | Long | BOPT | ||
| 2.24.25 | Long | BOPT above T-Line | ||
| 2.23.15 | Long | Caution | ||
| 2.17.15 | Long | Caution | ||
| 2.13.15 | Long | BOPT should see profit taking | ||
| 2.12.15 | Long | Caution | ||
| 2.3.15 | Long | BOPT | ||
| 1.22.15 | Long | BOPT above 50sma | ||
| 1.7.15 | Long | Wait for buy signal | ||
| 12.22.14 | Long | BOPT above 50sma | ||
| 7-8-14 | Long | Watch for a trend line break Bull/Bear |
VXX S&P 500 VIX Short Term Futures: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the above short-term bullish swing traders are in control.
US Dollar Index: UUP, DXYO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
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.
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