Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
RICE short | Blue ice failure
Double click the trade plan to enlarge

Good Morning, Profit Traders,

T-Line™ below the 34-ema (SPY) —  The SPY closed down .90%, tagging the daily 50-sma, dropping back through the 34-ema. The bulls seem to be afraid of the $217.40 area and now they are back below the T-Line™. The SPY chart is not a picture a BULL would be proud of going back to early August.
We still like the $212.40ish area as a price destination and if price approves it a temporary area of support.

Learn more about the Candlesticks Evening Star Pattern – HERE

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Rick & Hit and Run Candlestick Team

Members Daily Trade Ideas. Be aware of sudden market changes!
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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 losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!

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