EVEP/Long (Energy) EVEP is in a Pinball setup, so trade EVEP using the Pinball strategy rules.
Education builds confidence for success!
EVEP/ Profits through education December 28
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
Recent Members‘ Trade Ideas
ROVI 43.53%
SIEN 16.54%
CSIQ 19.3%
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SPY: You can still see lower highs and lowers lows in the daily chart, and that keeps us on edge while the sellers keep the SPY from breaking out of the Lower High pattern. There continues to be long swing trades to be made, and, of course, short trades.
IWM: Having difficulties with the 50sma.
SMH: Having difficulties with the Big 3 and the 200sma.
Bullish power house Friday, BUT I am concerned about the levels it’s reaching.
IYT: Over the T-Line but no real bullishness.
S&P Short-Term Futures VXX: No buy signal, under the T-Line, no fear.
United States Oil Fund USO: Over the T=Line with a possibility of a short-term relief rally nearing.
EVEP/Long (Energy) EVEP in a Pinball setup, trade EVEP using the Pinball strategy rules.
Education builds confidence for success!
Because of the Traders Show in Las Vegas I will not be in the trading room today.
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This Week’s Economic Calendar—> Click Here
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!
Members Trade Ideas below
Symbols from TC2000
Keep your eye on the inverse ETF’s They trade well!
To see all of today’s trade ideas Click Here
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.
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