<h4Today's Swing Trade Idea
DATA (Technology Sector Software) DATA is forming a bullish "W" pattern that closed strong above the big 3 Friday. The 200sma and the July 1 high is the next logical target and obstacle then on to the races. Looking for about a 30% trade.
My entry plan ideas: Below Friday's high but will take a breakout
My stop plan: For now a close below the 50sma
SPY: 15 day T-Line Run and closed above the 200.00 mark. We will continue to stay bullish while watching for hints of profit taking.
IWM: Has been in an impressive T-Line Run with a new target of about 118.50. Nice T-Line PBO Friday.
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|Symbols for members only||Date||Long/Short|
|8-28-2014||Long||Buy on positive trading|
|8-21-2014||Long||Buy on positive trading|
|8-20-2014||Long||Buy on positive trading|
|8-19-2014||Long||Buy over T-Line|
|8-15-2014||Long||Watching for a buy signal|
|8-14-2014||Long||Buy on positive trading|
|8-13-2014||Long||Buy on positive trading|
|8-12-2014||Long||Buy over 50 sma|
|8-6-2014||Long||Possible PBO setting up|
|7-31-2014||Long||Buy on positive trading|
|7-30-2014||Long||T-Line run-protect your profits|
|7-29-2014||Long||Be a profit trader/Possible PBO|
|7-24-2014||Long||Buy over 20sma|
|7-23-2014||Long||Buy on positive trading|
|7-21-2014||Long||Buy on positive trading|
|7-15-2014||LONG||Buy on positive trading above 50sma|
|7-14-2014||Long||Buy on positive trading|
|7-11-2014||Long||Watch for buy signal|
|7-8-2014||Long||Buy on positive trading, T-Line Run|
|7-7-2014||Long||Buy on positive trading|
|6-16-2014||Long||Buy on positive trading|
|5-13-2014||Long||Wait for it|
|4-14-2014||Buy over 20sma|
|4-9-2014||Long||Buy on positive trading|
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VXX S&P 500 VIX Short Term Futures: A close below theT-Line ™ implies the bearish short-term swing traders are in control, last week's candle pattern implies we could be trying to build a bottom.
USO United States Oil Fund: A close Above the T-Line ™ implies the bullish short-term swing traders are in control. Yesterday's candle implies the 200sma will likely be reached and then possible on to the 50sma.
GDX Gold Miners ETF: A close above the T-Line ™ implies the bullish short-term swing traders are in control. Yesterday's candle Implies this run is not likely over.
TLT: A close above the T-Line ™ implies the bullish short-term swing traders are in control. Yesterday's candle implies buyers are in control with possible consolidation near
The above are just my thoughts to myself just thought I would share with everyone.
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.
Members Trade Ideas - Members Only
Keep the inverse ETF's close by and watch them closely they produce good money, fast
Symbols from TC2000