Rick’s Featured Trade Ideas

OUTR/Long (Retail) Minor target 12% | RBB| Inv. Hd & Shold. |  PBO above 35.15

OUTR| Plan your trade & trade your plan | March 28, 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:  4-hr Price > T-Line™ |
7:00 am:   Thursday the SPY gapped down tagging the 200-period moving average and then closing up to the T-Line™.  Thursday’s candle could possibly be the PBO candle that the PBO traders are looking for. It will be important for the Bulls to take a stand today, and at the very least, they need to hold     $201.05
USO – United States Oil, as you know, has lead the market around by its nose.  Thursday’s candle came back from its low closing bullishly, but did not close back over the T-Line™, and the bearish kicker is still in effect

IWM:   30-min chart | Bulls need to beat $107.85
SMH:   30-min chart | T-Line needs to be above $54.25 for the bulls to work
IYT:  30-min chart| T-Line needs to be above $142.60 for the bulls to work for us
S&P VIX Short-Term Futures VXX:  30-min chart | Under the 34-ema is good for the bulls
USO Unites States Oil Fund:  30-min chart | Over $10.20 would be good for the USO.

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!
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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.