Rick’s Featured Trade Ideas

HNT/Short (Health Care) HNT | BIF| Lower Lows |  Failing Top | 30% opportunity

Hit & Run Members and Trading room: 
TOO 26%
TGP 12%
SM 16%
The place serious traders hang out.

HNT| Plan your trade & trade your plan | March 17, 2016
Possible entry plan idea:   Sell box $Members Only
Possible stop plan idea:   Cover above $Members Only
Risk Reward 15:1 depending on entry/exit/stop

SPY Attitude:  (Price > T-Line™ > 34-ema Bullish Trend) 
7:00am:  Based on yesterday afternoon’s bullish move, the market likes it when the FED says that global weakness will hurt the US, and they will go from four rate hikes to two rate hikes. Want to bet we go from two to zero this year meaning the global economy is not so good.  Hell, Farmer John could have told them that. The SPY moved higher into more resistance and very overbought. Good consolidation around the 200-sma will be positive for the SPY and can lead to retest 2015 highs.  Of course, a sell signal here would pop this bubble.

IWM:   30-min chart | Below $106.40 could start a slide.
SMH:   30-hr chart | Below $53.10 and we could see $52.00.
IYT:  30-hr chart | Very oversold with a doji close.
S&P VIX Short-Term Futures VXX:  30-hr chart | Doji Bullish Engulf
USO Unites States Oil Fund:  30-hr chart | A close above $10.17 would be bullish

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  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!

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.
To see all of today’s trade ideas Click Here

2-sma > T-Line™ = Minor trend up
T-Line™ > 34-ema = Intermediate trend up
2-sma < T-Line™  = Minor trend down
T-Line™ < 34-ema = Intermediate trend down

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.