Rick’s Featured Trade Ideas

CLDX/Long (Biotechnology) Minor target 4.30 | 2-Day Bullish Engulf| Pinball set up | 2hr-RBB

Hit & Run Members and Trading room: 
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ATI 63%
WYNN 62%
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CLDX| Plan your trade & trade your plan | March 23, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  Daily Price > T-Line™ | 30-min Price < T-Line™
7:00 am:   I do see signs of a tiring trend and a trend that needs a little profit taking pull back to help reset support, but as of yesterday, the buyers have not given the sellers one inch.  The past three days, the Bulls have held their position while consolidating still above the T-Line™ indicating that the Bulls outnumber the bears.
If the Bulls can’t maintain strength and integrity at $203 95, the bears may step in and take a little advantage, $201.00 may be challenged.  On the flip side, the bullish breakout could lead to $207.00.

IWM:   30-min chart | Shooting Star working |showing signs of weakness
SMH:   30-min chart | Evening Star working | danger below $54.55
IYT:  30-min chart| Doji with a long wick | danger below $142.88
S&P VIX Short-Term Futures VXX:  30-min chart | danger above $18.98
USO Unites States Oil Fund:  30-min chart | Bearish Engulf working | danger below $10.40

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.