Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
EXK | J-Hook |T-Line™ POP |

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator
Janet Yellin had nothing to say that moved the market one way or the other, to speak of.  Facebook earnings were positive, and the overall market basically floats along sideways.  IWM showed healthy signs of bullishness closing the last two days above the breakout line while the DIA continues to nurse a bum leg.

Six days ago, DIA presented us with a evening star and that evening star has kept the Bulls working overtime keeping price held above water.  The 1-hour chart of the Dow Jones industrial average ETF is showing signs of weakening and a small crack in the chart.  Of course, it’s just the 1-hour chart and it simply offers a clue.

For now, the overall stock market remains bullish, and the Bulls continue to dominate.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.

SPY:  T-Line™ & Daily chart | T-Line holding price
IWM:  T-Line™ & Daily chart | Bullish
SMH:  T-Line™  & Daily chart | Bullish
IYT:  T-Line™ & Daily chart | T-Line crack
DIA:  T-Line™ & Daily chart | Concerned and cracking
VT: T-Line™ & Daily chart | T-Line holding price
USO:  T-Line™ & Daily chart |  seller control
UUP:  T-Line™ & Daily chart |T-Line crack
VIX: T-Line™ & Daily chart | Signs of buyers
TNX-x: T-Line™ & Daily chart | T-Line crack
Here is what one of our members had to say yesterday:  “Rick, just wanted to say thanks.  This month I have had 3 wins and 3 losses, but the losses were very small and only 1/4 of the wins.  First profits in months.  I listen and note what you say and trade the plan.  Yes, still making some mistakes, but really learning!”
-Mary V.

Each day a trade idea list is posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Members Only
Keep your eye on the inverse ETF’s They trade well!

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.