Rick’s Featured Trade Ideas

CTIC/ Long (Biotechnology)  Cell Therapeutics Inc., has formed a rounded bottom breakout with a retracement back to support and the 50% fib line closing yesterday back above the 23.6 retracement.

Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.

CTIC/ Plan your trade & trade your plan  January 13, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close Below $Members Only
Risk Reward 8:1 depending on entry/exit/stop

100 Long shares of SIEN would have netted you $323.00
Member’s trade idea December 17,  (SIEN) Long 63%
Member’s trade idea November 24, (ROVI) Long 51%
Member’s trade idea November 6, (DWA) Long 27%
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SPY:  “Think Relief Rally,” that’s what we called for yesterday, and the SPY started the process by closing up .81%.  We expect more follow-through today and even a possibility of testing the T-Line™, or even better, closing over the T-Line™.
Yesterday I noticed many on our watch-list were showing signs of bullishness and closing in the green, and one of our members’ trade ideas yesterday, CHUY, closed up 5.5%, and another of our members’ trade ideas from last month, SIEN, closed higher for a total of 63.58%.

I still believe this is only a relief rally until the proper bottom and reversal pattern have been created.

IWM:  Resistance around 107.20 the T-Line™.
SMH:  Resistance around the T-Line™ about $50.50
IYT:  I’ll be watching the T-Line™ at the August lows for possible resistance.
S&P VIX Short-Term Futures VXX:  VXX dropped to the T-Line™ yesterday and is likely to close below it today.
USO Unites States Oil Fund:  USO May try to challenge $9.40.
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
Members Only
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.

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.