Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
PBYI | Morning Star |

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator
Last week the SPY ended with 5 days of bullish consolidation after a gap allowing the T-Line™ to catch up.  We will use $217.15 as support because of the July highs and the August lows.  With a bullish close over $218.90, we should see $219.40.  The VIX still has no fear as it moves around in the oversold area, currently below the T-Line™.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
SPY:  T-Line™ & 2-hour chart | Bullish
IWM:  T-Line™ & 2-hour chart | Bullish
SMH:  T-Line™ & 2-hour chart | Bullish
IYT:  T-Line™ & 2-hour chart | bear
DIA:  T-Line™ & 2-hour chart |Bullish
USO:  T-Line™ & 2-hour chart |bullish
UUP:  T-Line™ & 2-hour chart | bear
VIX: T-Line™ & 2-hour chart |bear

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!

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