Bullish Scoop On The Daily 34-EMA

The Bullish Scoop on the daily 34-EMA has caught my eye. INFN has been pulling back and the last couple of days price has found a friend in the 34-EMA. The 50-SMA is also catching up to price. The 3-day chart is resting on the 200-SMA while the 5-day chart is in an (RBB) set up. The weekly chat shows off the Cradle pattern that was created very well.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

My good friend and colleague Steve Risner will be sharing how he used Stochastic/RSI and a grouping of 3 moving averages to move his account from $51,642 to $55,807 in one month. Could know more about STOCHASTICS/RSI be good for you? Steve will also be sharing stock trade idea for the following week. We want to help you get your education money back.

GE 11% • ANF 56% • CREE 51% • FLO 3% • VXX 6% • CAT 39%  • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% • QQQ 28% • QQQ 179% • TWTR 180% • VXX 375% VIPS 118% • WTW 21.9% •

Event Calendar

SPY • Closed Over T-Line

For a minute yesterday, I thought we were going to break out of the box we have been trapped. (Ha, I thought wrong) Sor far this morning it looks like the futures will open us up above the Dotted Duece. Until the SPY can breakout and close above $266.00, the sellers will be hanging around. On the 2 and 4 hour charts, I am picking up an Inverted Head and Shoulder (Bullish). Stay sharp and stay true to your rules.

At the moment (Early before the market opens the VXX is under water looking a little shy. Above $51.25 that little guy could turn into a monster.

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Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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