Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EEM | 3-day Evening Star | 3-day Red Ice Fail
Double click the trade plan to enlarge
Price closing Friday below the 34-ema and the T-Line™ will likely do the same today, putting the sellers in complete control. Price has broken through all of our possible support lines. Now the$210.25 support line is ready to be tested and likely broken over the next several days. One of our deuce lines sits at $208.45 and the big deuce sits at $205.65.
The stocks of the members’ trade idea list was TZA, SOXS and UVXY. If bought, you are rolling in money. Isn’t it fun to trade when you’re making money?
Watch for relief rallies…..
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
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Members Daily Trade Ideas. Be aware of sudden market changes!
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These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Based on the close yesterday | Watch for the change
SPY: T-Line™ & 2-hour chart | Sellers in control
IWM: T-Line™ & 2-hour chart | Sellers in control
SMH: T-Line™ & 2-hour chart | Sellers in control
IYT: T-Line™ & 2-hour chart | Sellers in control
DIA: T-Line™ & 2-hour chart |Sellers in control
USO: T-Line™ & 2-hour chart | Sellers will be in control
UUP: T-Line™ & 2-hour chart | Signs of weakness
VIX: T-Line™ & 2-hour chart |Buyers in control
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.
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.
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