50-SMA • 200-SMA Death Cross

The 50-SMA crossing below the 200-SMA traders term as a death cross. Looking at the AXGN daily 3chart, you can see price action has brought the 50-SMA down to and now crossing below the 200-SMA. On the weekly chart, AXGN is looking at a Blue Ice Failure, a couple of failed highs and a bearish T-Line Run. The candle pattern (price action) on the weekly chart is also set up for a Bearish Pop Out of The Box.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY • SP-500

Yesterday the SPY closed below our Red T-Line Reg Channel Line for the third day in a row. The candle (price action) closed under the close of the previous candle but with a wick that suggests intraday buyers are tiptoeing around (Hammer). Yesterday was the third lower low, and lower high and price action is flirting with the 50-SMA. The longer bigger picture is that the trend is still up, but the trading trend is moving down. There is going to be big rocks and sharks in the water so navigate carefully, take it slow. Simply, ask yourself what the chart is doing that corresponds to your trading timeline. Another way to look at the trading trend is to look at the price and the T-Line, who's leading who?

****VXX – The VXX gave back all it was gains yesterday but still in a bullish T-Line Run.

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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it's a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. -Jonathan Bolnick

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Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.