Rick’s Featured Trade Ideas

ATVI/ Short (Multimedia)  On January 14, ATVI was a short featured trade idea, and it continues to fall short of being bullish with the bear flag and breaking down yesterday.  Below $33.50 the 200-simple moving average will start looking green.

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.

ATVI/ Plan your trade & trade your plan  January 28, 2016
Possible entry plan idea:   Sell box $Members Only
Possible stop plan idea:   Cover above $Members Only
Risk Reward 5:1 depending on entry/exit/stop

SPY:  The SPY left us yesterday in a bearish bias. Over $190.50, the attitude would be bullish for a relief rally.  At the close yesterday, the Bulls were able to defend $187.50 while price closed below the T-Line leaving the bears with the upper hand.  If the Bulls lose the

$187.50 area, then a retest of January’s low becomes a possibility.  If the Bulls can close back over the T-Line, the relief rally may still be intact.  The $195.00 or near the 20-simple moving average is my first relief rally target.

IWM:   With the close yesterday below the T-Line, our attitude is still bearish.
SMH:  SMH went from a bullish to bearish bias yesterday.
IYT:  The transports, although price closed below the T-Line, it closed with a very slight bullish attitude.
S&P VIX Short-Term Futures VXX:  Price closed back above the T-Line, bullish over $26.40.
USO Unites States Oil Fund:  USO closed over the T-Line and with a bullish attitude.
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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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.

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