RRTS/ Long (Transportation) RRTS may be setting up for a short-term swing trade 15 to 25% with a scoop pattern and a Hit&Run Candlestick Pinball Setup.
Earnings February 3

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.

RRTS/ Plan your trade & trade your plan  January 26, 2016
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

SPY:  So far this year, the sellers have been dominant allowing the buyers very few short-term rallies; the best short-term rally we’ve seen has been the past five days, and the buyers still have a very tough uphill road ahead.  Yesterday closed above the T-Line, and the morning

futures looks like we’re opening below.  $187.50 is an important level for the buyers to defend.  After we hear from the Feds today, be careful not to chase the knee jerks and allow the market to settle down.  Keep some cash to buy the quality charts long or short depending on the chart pattern.

IWM:  A close over the T-Line implies the buyers have short-term control.
SMH:  Above $48.05 keeps the buyers in control.
IYT:  Above $119.10 construction is still underway.
S&P VIX Short-Term Futures VXX:  The short-term VIX candle pattern is weak and suggests more selling.
USO Unites States Oil Fund:  USO needs to close above $8.75 and below $8.75 will imply weakness.
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!
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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.