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 above the Ichimoku Cloud a buy signal is generated. Lets look at the FCX 3/1/16 close above the cloud.

The best Ichimoku Cloud buy signals occur after the stock has consolidated inside the cloud for over 5 days. FCX had a nice 9 day sideways consolidation inside the cloud before closing above it. FCX had a nice rally the next 3 days from $7.76 to $10.50, a 35% gain.

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 above the Ichimoku Cloud on 10-24-2016 for trading on 10-25-2016

SPY
AMD
AMAT
FXI
CIG
OXY
DB
JNPR
PEP
XRX
WBA
GPT
XLY
FCH
SWFT
BCS
ACCO
IVV
WRK
TMO
SSNC
PHG
UPS
KHC
VMW
BWA
LBTYA
IDTI
RCL
PAYC
PIR
BWP
HRL
WDR
STWD
PSEC
TSL
MSCC
IWN
TEL
MCHP
IWF
STL
OMF
UMPQ
HXL
PDLI
JCOM
GD
SKM


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