Rick’s Featured Trade Ideas

CBK/ Long (I Apparel)  CBK, In the daily chart has formed a beautiful rounded bottom breakout in a nice double bottom off the 50 day simple moving average.  The weekly chart has formed one of our pinball setups.

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CBK/ Plan your trade & trade your plan  January 25, 2016
Possible entry plan idea:   Buy box $Members Login required
Possible stop plan idea:   Stop below $Members Login required
Risk Reward 10:1 depending on entry/exit/stop

SPY:  On the 14th day the Bulls were able to close price above the T-Line™ which puts price on the bullish side of the T-Line™ opposed to the past 13 days where price has closed below the T-Line. If the Bulls are able to construct a bottom I would look for a target or targets

of 194.90 then with continued success let’s look for about 202.00. If there is going to be a bottom constructed price does not have to stay over the T-Line now, price can drop and close below the T-Line during the construction.  But below  188.40 should make those bulls a little nervous and wake the Bears up.

IWM:  The buyers have a chance to be in charge, the question is can they do anything with it.
SMH: With price closing over the T-Line™ Friday I would look for about $50 Over the next day or two.
IYT:  IYT needs a tow truck to dig them out of the hole
S&P VIX Short-Term Futures VXX:  Falling back to support
USO Unites States Oil Fund:  Hammer, Bullish Engulf, In gap and close over the T-Line bottom construction may be in progress, we just don’t know for how long or will it last.  Trade the chart
This Week’s Economic Calendar—> Click Here

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.  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.

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.

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