BOOT Tested the 50-SMA J-Hook Set Up
BOOT has pulled back to test the 50-SMA and put together a Bullish Piercing candle that pushed price back over the 50-SMA with a breakout high. Price has now seen profit taking for a test, and the bulls are winning. Take a look at the 2, 3, 5-day charts; it doesn’t get any sweeter than this. Low High, Higher Low, Higher High is what swing traders dream about.
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Past performance is not indicative of future returns
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SPY • Nice Day
What a great day yesterday, the SPY popped a $1.13 after nearly touching the T-Line. Now it’s about more buyers than sellers and follow through. Price will still have to cut it’s way through the March 13 top before it can challenge the January 18 highs. Neither (IYT) Transports ETF or (SMH) Semiconductor ETF are helping the bulls very much. VT Total World Stock ETF has improved and impressed yesterday with a Bullish Engulf through the 50-SMA, bulls need to prove it.
VXX – As long as the price stays below the T-Line we have no worries, above the T-Line we worry.
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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 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.
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