Rick’s Featured Trade Ideas

DDD/Long (Computer Systems) DDD | T-Line™ Run| Doji Gap |  50% + opportunity

Hit & Run Members and Trading room: 
SCX 154%
STRP 146%
TCK 141%
The place serious traders hang out.

DDD| Plan your trade & trade your plan | March 15, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 5:1 depending on entry/exit/stop

SPY Attitude:  (Price > T-Line™ > 34-ema Bullish Trend) 
7:00am:  Don’t know about you but it’s getting hard to stay long when price has been pushing higher, (now 19 days above the T-Line™)  The SPY has been dancing in the devils den of resistance for a few days now closing yesterday at the 200-sma. The last half hour of yesterday the bulls seemed to have lost track of their job with the last 30-min forming an Evening Star candle signal which puts $199.60 in the cross hairs. A closebelow $199.60 will be below the T-Line™ and an important support line.
***This is Fed week, and I suspect the bulls will likely slow down its run with consolidation between $204.40 and $199.80.  Below $199.80 and $196.40

IWM:   30-min chart | Evening Star candle signal
SMH:   30-hr chart | Lower high down trend | Evening Star
IYT:  30-hr chart | Bearish Engulf
S&P VIX Short-Term Futures VXX:  30-hr chart | Doji Bullish Engulf
USO Unites States Oil Fund:  30-hr chart | Weak headed to $9.60 then maybe $9.40

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
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.