Rick’s Featured Trade Ideas

SIEN/Long (Medical instruments)   SIEN has not been a stranger to either Hit-And-Run Candlesticks or Right Way Options members.  For many, this one stock has paid your subscription for the next several years.  Recently, the 100 SMA has proven to act as resistance. It’s ben price flagged for about a week then the Bulls pop price out on high-volume

The Hit & Run Candlesticks trading room offers education and great trade ideas.

$$$Wednesday NUGT Was one of the big winners in the Trading Room $$$

SIEN/ Plan your trade & trade your plan  February 4, 2016
Possible entry plan idea:   Buy Box $Members Only
Possible stop plan idea:   Stop Area $Members Only
Risk Reward 7:1 depending on entry/exit/stop

SPY Attitude:  (Daily Bull & Bear Fight) (2-hr chart Bullish)
Market popped today on oil rally… USO to $10.65 if $9.90 can be beat. We took trades today in USO and ERX, good profits so far, up over 10%

SPY goes to $200 if $195.50 can support.
Oil is the key, it has been and it still is for now. It’s all about the Oil!

Yesterday panned out to be a terrific day in the trading room; lots of charts to talk about, fantastic chart pattern setups and congratulating traders on the profits they took.  The SPY closed back over the T-Line™, but our fast moving average has not followed as of yet, but I do expect it to follow today. There is a very important number that the Bulls need to attack and that number is $195.50.  The bears will try their darndest to defend that area because if the Bulls get through $195.50 and own it, we will likely see something in the $200 area of the SPY.

IWM:  Yesterday’s close did not trigger a bullish signal; although, there is a high probability of a bullish signal being triggered today.
SMH:  Higher low, trend is holding up.
IYT:  60-minute chart triggered bullish, higher low trend working.
S&P VIX Short-Term Futures VXX:  Our charts are pointing lower.
USO Unites States Oil Fund:  $9.90 is what the Bulls need to own before this chart can rally higher.
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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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.