Trade Ideas September 2, 2014

<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

Good Morning,
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.

This Week's Economic Calendar---> Click Here

Current Swing Trade Featured Trade Ideas- Gold & Silver Members Only: Become a Member---> Click Here

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
7-17-2014 Long Caution!
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
2-25-14 200sma Be ready

***Members see the ticker symbols ---> Become a Member Click Here

 

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.

— Rick


Members Trade Ideas - Members Only
Keep the inverse ETF's close by and watch them closely they produce good money, fast
Symbols from TC2000

Comments are closed.

Skip to toolbar