The QQQ’s rides High T-Line

The QQQ’s rides High T-Line while it’s market buddies are either resting on the high line or hiding underneath it.  Despite pretty good earnings the political environment seems to be holding the market back. Some of what the market is facing; Earings, Unemployment numbers, FOMC meeting, France vote, Tax reform and a nut case with rocket, just to name a few.

I think I will stick to the charts, and ask myself what is price doing? What does the shape of the candle or candles suggest, where are resistance and support. 2 big no-no’s I will remind myself is no predicting and no watching the hard right edge.

FREE Trade Idea – TRVN

TRVN– Has printed a Bullish Morning Star after an 18-day base. TVRN is also a 4-hour Rounded Bottom Breakout.

Charts to Learn From – CMRE

CMRE -  Is up 25.50%  from when we suggest to our subscriber that it might be a chart you look at.  A Rounded Bottom Breakout that has now closed over the Daily 200 period moving average.

Do you think the trade has more to go? What chart pattern is CMRE forming on the daily chart? How about the 2,3,4,5-day charts?

Members Swing Trade Ideas

We post to HRC members 10-15 swing trade ideas each day and post them in the member's area of the website.

Subscribed members

10-15 trade ideas below -  for members only

What is a Trade Idea Watch List?

A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader's time frame.  That time could be one to 30 days for example.

From that watchlist, we wait until price action meets our conditions for a trade.

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Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.