Today’s Swing Trade Ideas
MTZ/Long (Engineering and Construction) After a three-bar pullback, MTZ printed a Bullish Engulf opening below the big three and closing above the big three with a snapback J-Hook pattern.
More on how to trade MTZ in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $19.37 to $20.39
Possible stop plan idea: A close below $19.37
Member Trading Room Password changes tonight after E-Learning
Good Morning,
SPY: Support and resistance, trendlines, trends, chart patterns, candlestick patterns: some things just don’t change over time. As we wound down the trading room yesterday afternoon, we talked about how well the Bulls did yesterday, but did they really do anything? Did they change the trend? Did they change the chart pattern? Did they break through resistance? Did they break through support? The answer is no. The SPY is in a horizontal consolidating channel with a channel high of 212.05 and a channel low of $204.25.
IWM: Bullish gap closing over the T-Line and the big three but still needing follow-through to clear the recent highs. $123.15-ish is still a very important number for the buyers to defend. While yesterday’s bullish gap was impressive, the buyers need to have the strength to print a Bullish candle.
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 |
| 3.30.15 | Long | BOPT | ||
| 3.26.15 | Short | Short on weakness | ||
| 3.25.15 | Long | Wait for buy signal | ||
| 3.24.15 | Long | BOPT | ||
| 3.19.15 | Long | Close or Manage | ||
| 3.18.15 | Long | Wait for buy signal | ||
| 3.13.15 | Long | BOPT | ||
| 3.11.15 | Long | BOPT over T-Line | ||
| 3.6.15 | Long | Wait for buy signal | ||
| 3.2.15 | Long | BOPT | ||
| 2.25.15 | Long | BOPT | ||
| 2.24.25 | Long | BOPT above T-Line | ||
| 2.23.15 | Long | Wait for buy signal | ||
| 2.17.15 | Long | BOPT | ||
| 2.13.15 | Long | BOPT should see profit taking | ||
| 2.12.15 | Long | Caution | ||
| 2.3.15 | Long | BOPT | ||
| 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 | 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 below the T-Line ™ implies the bearish 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 closeabove the T-Line ™ implies the bullish 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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