Today’s Swing Trade Ideas
NES/Long (Waste management) Over the last nine weeks we’ve seen a lower high and a higher low with a bullish hammer about a week ago. On Monday, NES formed a Bullish Engulf with a double bottom. Yesterday’s follow-through closed it up over the big three making it a Rounded Bottom Breakout
To learn more about NES, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $3.26 to $3.80
Possible stop plan idea: A close below $3.44
Good Morning,
SPY: The last three trading days, the SPY has been wandering aimlessly keeping everyone on edge as to whether this is just part of the bullish “wall of worry,” or is it something to be concerned with? Here are three trading ideas that might help:
- Always follow the trend that fits in your time horizon
- Always be vigilant
- Always be a profit trader
The important number for the SPY to beat today is a close above $210.80. If not, the sellers could find a path to weaker numbers.
IWM: IWM has been the bullish leader, but even the bullish leader may need a rest. IWM has gotten a little too far from the T-Line, and yesterday’s closing candle might be a clue that over the next few days, we could see some sellers.
This Week’s Economic Calendar—> Click Here
Members Trade Ideas – Members Only
In the members area you will find 10-15 trade ideas every day
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. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!
Symbols from TC2000
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.
Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
3.19.15 | Long | Close or Manage | ||
3.18.15 | Long | BOPT | ||
3.17.15 | Long | Close below T-Line | ||
3.13.15 | Long | BOPT/ Close below T-Line | ||
3.12.15 | Long | Close below T-Line | ||
3.11.15 | Long | Wait for buy signal | ||
3.9.15 | Long | Move stop up | ||
3.6.15 | Long | BOPT | ||
3.2.15 | Long | BOPT | ||
2.25.15 | Long | BOPT | ||
2.24.25 | Long | BOPT over T-Line | ||
2.23.15 | Long | BOPT over T-Line close on weakness | ||
2.17.15 | Long | BOPT | ||
2.13.15 | Long | BOPT | ||
2.12.15 | Long | BOPT | ||
2.4.15 | Long | BOPT over T-Line | ||
2.3.15 | Long | BOPT | ||
1.22.15 | Long | BOPT above T-Line | ||
1.7.15 | Long | Waiting for buy signal | ||
12.22.14 | Long | Wait for buy signal | ||
7-8-14 | Long | BOPT |
VXX S&P 500 VIX Short Term Futures: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A above the T-Line ™ implies the bullish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the bearish short-term swing traders are in control. This should change today, watch for a close over the T-Line.
US Dollar Index: UUP, DXYO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
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.
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