Rick’s Featured Trade Ideas

HF/Long (Real Estate Serviced) HF | Bullish flag J-Hook| T-Line™ Run | RBB setting up | 16% opportunity

Hit & Run Members and Trading room: 
EGO +20%
DYN +4% what this one today
PRTY 16%
The place serious traders hang out.

HF| Plan your trade & trade your plan | March 11, 2016
Possible entry plan idea:   Buy box $Member Only
Possible stop plan idea:   Close below $Member Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  (Price > T-Line™ > 34-ema Bullish Trend) 
6:25am The SPY is gapping up from a Doji flag challenging the recent high ($201.35) and possibly the 200-sma ($202.16).
The weekly chart on the SPY has two possibilities that I see:

1. The Doji continuation pattern is successful and reaches the $204.50 area.
2. Or we see weakness in the pattern and price slips to test the $196.45 area.

It’s been 18 days now that the SPY has been in a Bullish T-Line™ Run, over 11% from the February low.
If today does not turn out to be a gap and crap, I see evidence of scenario #1, $204.50 area being challenged.

IWM:   30-min chart | Close under the 34-ema a positive day could turn this around.
SMH:   30-min chart | Closed bullishly over the 34-ema with the T-Line™ below the 34-ema.
IYT:  30-min chart | Closed bullishly above the 34-ema with the T-Line™ below the 34-ema.
S&P VIX Short-Term Futures VXX:  30-min chart | closed below the T-Line™ and 34-ema.
USO Unites States Oil Fund:  30-min chart | Closed bullishly over the T-Line™ and the 34-ema and a symmetrical wedge.

Each day 10 -15 stocks are 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!
Keep your eye on the inverse ETF’s They trade well!

Members Only Trade Ideas
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.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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.