Swing Trade Ideas March 27, 2015

Today's Swing Trade Ideas

NOG/Long (Energy Sector)  If you look at your daily chart over the past nine days, you can see a hammer, a Bullish Engulf, Doji's, another Bullish Engulf, a Bullish Doji Sandwich, and a Rounded Bottom Breakout.

More on how to trade NOG in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $7.70 to $8.10
Possible stop plan idea:  A close below $8.10

An interesting tidbit:  In 2015, we have had 4 consecutive down days five times now.  In 2014, we didn't have any 4 consecutive down days.  Also, we haven't had 2 consecutive up days in 27 days.

Good Morning, 

SPY:  Yesterday's Doji in the SPY found support at the recent March lows which could lead one to believe a minor relief rally
could be in order.  There are a few troubling things that I would like to share.  On the daily chart, the T-Line has now brokendown through the 50-simple moving average.  On the four-hour chart, the T-Line is below the 34-exponential moving average, and price closed below the 200-simple moving average.  On the four-hour chart, I'm also seeing a very possible bearish “M” pattern.  Today is Friday -- a good day to clean your positions up, kick out some of the losers, go to the bank with some of the winners and manage the keepers.

IWM:  IWM had a Doji close on the daily chart.  On the four-hour chart, the T-Line has broken down through the 34-exponential moving average while price seems to be dangling slightly above the 200-simple moving average.

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
3.26.15 Short Short on weakness
3.25.15 Long BOPT
3.24.15 Long BOPT
3.19.15 Long Close or Manage
3.18.15 Long BOPT
3.13.15 Long BOPT/ Close below T-Line
3.11.15 Long BOPT over T-Line
3.6.15 Long BOPT
3.2.15 Long BOPT
2.25.15 Long BOPT
2.24.25 Long BOPT
2.23.15 Long BOPT
2.17.15 Long BOPT
2.13.15 Long BOPT  should see profit taking
2.12.15 Long BOPT
2.3.15 Long BOPT should see profit taking
1.22.15 Long BOPT above 50sma
1.7.15 Long Wait for buy signal
12.22.14 Long BOPT above 50sma
7-8-14 Long Watch for a trend line break Bull/Bear

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 above short-term bullish swing traders are in control.

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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