Today’s Swing Trade Ideas

MOBI/Long (Technology) MOBI weekly chart has formed a bullish hammer while the daily chart is in the process of forming a 123-LHLH bottom (123 pattern – low high, low high pattern) MOBI is also a Hit & Candlestick Pinball chart pattern.

My entry plan idea: Above the T-Line

My stop plan idea:  A close below the T-Line
You can learn more details in the members trading room about MOBI and many other trades.

KNDI –  a 15% trade from the trading room from Monday

Good Morning, 

SPY:   So far this week has acted pretty much how we expected, slow, lack of volume, bullish.  On this Friday the last day of the trading week weexpect no difference, still slow with minimal volume and still a day with the buyers in control.

20 of our 24 market ETF’s that we follow have closed above the T-Line and four below the T-Line, 19 out of 24 are above the weekly 50 period moving average.

IWM: IWM attempted to test the July 1 highs earlier this week with a slight slip on Wednesday, most likely just half-day profit taking before Christmas.  The buyers still control the T-Line and the chart remains in good bullish shape.

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.

Symbols from TC2000

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 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.  Short term bottom constructing.

TBT: A close Above the  T-Line ™ implies the bullish short-term swing traders are in control.  Possible bottom forming, short term.

US Dollar Index: UUP, DXYO A close above 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.