Swing Trade Ideas April 24, 2015

Today's Swing Trade Ideas

CLF/Long (Basic materials) CLF has put in a series of higher lows and bounced between the 50- and 20-simple moving averages.  With the pullback and morning star signal yesterday, CLF printed a 9.45% day stretching and warming up to be a J-Hook breakout continuation pattern which will become an RBB pattern over the 50-simple moving average

More on how to trade CLF in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $5.62 to $5.07
Possible stop plan idea:  A close below $5.07 or the T-Line

Friday "Open Mic"  Friday April 24, 12: PM EDT
A huge success last Friday.  Looking for volunteers.
Mark S. Open Mic 12:00 EDT

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, April 27,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach

Alerted us  Thursday April 23,
ASPS alerted a RBB @ 18.26 up 24%
SFUN alerted @ 8.05 today all day making new highs up another 9%
APPL alerted April 20, @ 125.58
MBT alerted on the Hammer and again today J-Hook
GEOS alerted near the close April 22 and again today
AKS alerted with a T-Line cross
WFT alerted with a T-Line cross

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Good Morning, 

SPY: The SPY closed above the T-Line with the T-Line above the big three implying that the buyers are in charge.  The buyers did control the SPY all day yesterday up to the very end, and as you can see with the high wick, there were a few buyers that jumped ship.  No matter, whatever the SPY does today, Friday's are always a good day to be aprofit trader.  The SPY continues to float sideways with a slight bullish edge.  $208.20 is the median price between the March highs and the April lows.  Currently, the price is above $208.20 as well as the 50-day simple moving average and the T-Line.

 

IWM:  The Bulls maintained control yesterday with price closing over the T-Line and the big three also filling the recent gap.  IWM is also stuck below its April high and propped up by its late March low, in other words, running around in a box.  Yesterday it was easy pickings for profits, and today we should pick a few.

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
4.22.15 Long BOPT
4.15.15 Long Wait for buy signal
4.14.15 Long BOPT
4.13.15 Long BOPT
4.10.15 Long BOPT
4.6.15 Long BOPT
4.1.15 Long BOPT/Manage trade bullish/Protect
3.30.15 Long BOPT
3.26.15 Short Short on weakness
3.25.15 Long BOPT protect profits
3.24.15 Long BOPT
3.19.15 Long BOPT
3.18.15 Long Caution
3.6.15 Long BOPT
3.2.15 Long BOPT
2.25.15 Long BOPT
2.24.25 Long Wait for buy signal
2.23.15 Long BOPT
2.17.15 Long BOPT
2.13.15 Long Watch for a buy signal
2.12.15 Long Wait for buy signal
2.3.15 Long BOPT
1.22.15 Long BOPT
1.7.15 Long BOPT/Manage trade bullish
12.22.14 Long BOPT
7-8-14 Long BOPT

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 above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above 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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