Today’s Swing Trade Ideas
FNF/Short (Insurance) After a five-month run FNF is now closed back below the big three. Recently creating a lower high followed by a bearish Doji sandwich (continuation pattern)
To learn more about FNF, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $36.85 to $35.35
Possible stop plan idea: A close above T-Line
Good Morning,
SPY: In yesterday’s e-mail I wrote: “While the SPY failed to close over the $210.80 area yesterday, if the buyers can manageto closes over $210, that might be a footing to reach $210.80.” With that said, I did buy some TZA and UVXY yesterday.
Weakness has been showing up in the SPY for the last three days with yesterday down 1.47%, closing below the 50-simple moving average and finding resolution at the 100-simple moving average. I do not believe that the sellers are finished with their party; although, even bears have to sit and rest for a while.
IWM: Yesterday’s gap and a loss of 2.96% was a spanking, and we’re not even out of the woodshed yet. The sellers definitely put it together yesterday, and it looks as if they’re continuing to walk the bulls to the 50-simple moving average woodshed.
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
Some Short Some Long
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 |
3.25.15 | Long | BOPT | ||
3.24.15 | Long | BOPT | ||
3.19.15 | Long | Close or Manage | ||
3.18.15 | Long | Close on weakness | ||
3.13.15 | Long | BOPT/ Close below T-Line | ||
3.12.15 | Long | Close on weakness | ||
3.11.15 | Long | BOPT over T-Line | ||
3.9.15 | Long | Close take profits | ||
3.6.15 | Long | BOPT | ||
3.2.15 | Long | BOPT | ||
2.25.15 | Long | BOPT | ||
2.24.25 | Long | Close or manage | ||
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 | Close on weakness | ||
2.3.15 | Long | BOPT | ||
1.22.15 | Long | BOPT above T-Line | ||
1.7.15 | Long | BOPT | ||
12.22.14 | Long | BOPT | ||
7-8-14 | Long | Short |
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 below the T-Line ™ implies the bearish 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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