Today’s Swing Trade Ideas
NQ/Long (Technology) NQ has formed a Rounded Bottom Breakout and a bullish scoop pattern.
Possible entry plan idea: Above the T-Line and/or a breakout of $4.03
Possible stop plan idea: A close below the T-Line
More on how to trade NQ in the Live Trading Room 9:10 AM Eastern
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Good Morning,
SPY: Yesterday the SPY closed with an inside day Doji while resting on the T-Line, once again failing to clear the $208.70 area. Today’s trading will be all about Ms. Janet and the FOMC meeting, forecast and press conference. Up to about 2 PM today, the market should be relatively quiet.
The following are numbers that the market must confront, beat and hold in short order; otherwise, we could see a sellers’ pattern develop:
SPY $208.70 (failed so far)
IWM stay above $121.95 (success, now needs to hold)
DIA $180.12 (failed so far)
QQQ $106.31 (success, now needs to hold)
IWM: IWM has been one of our two leaders and has successfully stayed over the $121.95 area, closing yesterday with a bullish Doji sandwich pattern. The pattern forming in the IWM chart suggests bullishness; unfortunately, the overall market is influenced by the Feds and is put on hold right before they speak or announce.
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. Remember to check for earnings!
Symbols from TC2000
*Members 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.
| Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
| 3.17.15 | BOPT | |||
| 3.13.15 | Long | Waiting for buyers | ||
| 3.12.15 | Long | BOPT | ||
| 3.11.15 | Long | Close, Belthold faild | ||
| 3.9.15 | Long | BOPT T-Line run I closed for profits | ||
| 3.6.15 | Long | BOPT I closed for profits | ||
| 3.2.15 | Long | BOPT above T-Line | ||
| 2.25.15 | Long | BOPT above T-Line | ||
| 2.24.25 | Long | BOPT above T-Line | ||
| 2.23.15 | Long | BOPT above T-Line | ||
| 2.17.15 | Long | BOPT above T-Line | ||
| 2.13.15 | Long | BOPT above T-Line | ||
| 2.12.15 | Long | Waiting for buy signal | ||
| 2.4.15 | Long | Waiting for buy signal | ||
| 2.3.15 | Long | BOPT above T-Line | ||
| 1.22.15 | Long | BOPT above T-Line | ||
| 1.7.15 | Long | Waiting for buy signal | ||
| 12.22.14 | Long | Waiting for buy signal | ||
| 7-8-14 | Long | BOPT |
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 below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close below the T-Line ™ implies the bearish short-term swing traders are in control. This should change today, watch for a close over the T-Line.
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.
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