Red Tail Inside Day Trade


The Ichimoku Cloud is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. When stocks close below the Ichimoku Cloud a sell short signal is generated. Lets look at the STX 1/6/16 close below the cloud.

The best Ichimoku Cloud sell short signals occur after the stock has consolidated inside the cloud for at least 5 days. STX had a nice 5 day sideways consolidation inside the cloud before closing below it. STX had a nice drop the next 3 days from $34.75 to $30.65, and 15 days later hit a low of $26.25.

Each day after the market close, we run multiple custom designed scanning algorithms that provide stocks for the next trading day swing trade list. If you would like to become a member of our swing trade service, the membership options are listed below.

Here are the stocks that moved below the Ichimoku Cloud on 10-24-2016 for trading on 10-25-2016

ARIA
COL
AEO
TZA
CVX
CNX
ETE
SDS
FIT
EGO
SYT
LQD
QSR
SPXU
HLF
HOS
SDOW
SH
RDUS
BUD
BRO
LNG
AJG
BRS
CVEO
SOHU
CSAL
KCG
TWM
WATT
IRWD
DXD
SDLP
LEE
DFT
NVGS
DOG
SRTY
CTLT
CMRX
BCR
CMP
CHL
TGTX
ENLK
BRIZF
FLOW
RWM
ATHX
VLP


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