One of Today’s Featured Trade Ideas

EGRS/Short (Healthcare)  EGRX is a Blue Ice fail pattern trapped between the 20sma and the 50sma. Yesterday bearish engulf close may have set the second point to the bearish down trend line.

I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.

EGRS Profits through education (Entry, Stop, Target)
Possible entry plan idea:   The sell zone $members
Possible stop plan idea:   Above $members
Risk Reward about ?:1 depending on entry/exit

Trading for Profit is the place you ought to be!
AMBA-s member’s trade idea on Sept. 2, up 24 %
ACI member’s trade idea on August 28, up 265 %
VXX member’s trade idea on August 28, up 66 %
UVXY member’s trade idea on August 19, up 203%
TZA member’s trade idea on August 6, up 37%
BTU member’s trade idea on August 20, up 54%
FTK  member’s trade idea on July 10, up 46%
ANAC member’s trade idea on July 10, up 56%
EXEL member’s trade idea on July 17, up 44%

We are dedicated to education

For only $21.22 a week, learn and earn at the same time!
Learn & Earn starts today – Click Here
Cancel at any time.

SPY:   2 pennies form our resistance target and the SPY rolled over hard closing with a bearish engulf. I think the market will stay volatile until the Feds uncover there secret next week and China stays in the news.  The SPY  has retested it’s recent high and was not welcome no now it may retest it’s recent low close187.27

IWM:   Da bear bigger than da bull, bearish engulf closing below the T-Line.
SMH:  We love the blue ice failure pattern
IYT:   Blue ice failure and a bearish piercing candle
VXX:  In yesterdays note I said that VXX is still a very bullish chart. Bullish belt hold and bullish piercing candle.

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. 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!
Keep your eye on the inverse ETF’s They trade well!
Symbols from TC2000

———Short

To see all of today’s trade ideas Click Here

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.

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.