Rick’s Featured Trade Ideas
No trade Ideas today.
The Hit & Run Candlesticks trading room offers education and great trade ideas.
SPY Attitude: (Daily Bull & Bear Fight) (2-hr chart struggling)
$184.75 is a number the bulls need to defend A success from the bears and a bear flag could potentially deliver more selling to the $175.50 area.
The linear regression (100 days) is down, and price hasn’t been able to get through the $195.50 resistance area. The jobs numbers may help or hurt.
IWM: Neutral with a bearish bias right now, there needs to be a shake up.
SMH: Higher low, trend is holding up, yesterday went to the bulls.
IYT: Are the transports trying to start something?
S&P VIX Short-Term Futures VXX: The chart is bullish but balancing on a needle.
USO Unites States Oil Fund: Which way do we go? Which way do we go? Nothing good until the buyers can get us over $9.90.
$9.90 is what the Bulls need to own before this chart can rally higher.
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. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Symbols from TC2000
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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.
Members only | Attitude | Try our Membership, Check out the Trading Room | |
Neutral | Look for a trade over 2.60/ UCO is another | ||
Neutral | Short on weakness | ||
Weak | Short on weakness/ I shorted yesterday | ||
Neutral | Wait for signal / consider TNA | ||
Neutral | Bullish over 99.00 | ||
Bullish | Wait for buy signal/pattern | ||
Bearish | Trend still down watch for a snap back | ||
Bearish | Trend still down | ||
Bearish | Trending down/ Little bull interest yesterday | ||
Bearish | Short on weakness watch the 200sma | ||
Bullish | Bullish over 76.80 | ||
Neutral | Holding support for now |
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.
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