Friday, July 27, 2018 Weekly Update
For the past 15 trading days, the SPY been trending above the T-Line and the T-Line has been rising (higher highs), and the 34-ema is doing the same. This past week has been nearly a perfect storm for perfect trading. Overall there are more positive earnings results than negative, and the market seems to like that (go figure). As of the close yesterday, our Red, White and Blue chart is bullish; we will continue to follow the chart and update our members each day.
The VT chart I have been following has turned up and is acting better for the bulls. VXX continues to trade below the T-Line, below the T-Line we have very little concern.
Trading Results
About the 6th of August, we will be able to update the “Road To Wealth” Account with the July numbers so you can follow along. I can give numbers as of yesterday’s close. 2018 YTD (Through July 26) +223% and for July +13%
To view the Hit and Run Candlesticks 2018 project account “Trading for Wealth.” Click Right Here
How would you like to see every trade I make when I make it? Do you think it would help you with your education if you follow along? If so, Click Here and email me a note.
HRC Trading Tools I Use
- Every Day Charting – TC2000
- Trade Planning – Trader Vision 2020
- Trading platform and Brokerage
- Trading Platform – TradeHawk
- Brokerage – Tradier
- Stock Only Trades – Flat $16.00 per month
- Stock and Option Trades – Flat $159.00 per month
- Contact Us if you have questions
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Past Performance Is No Guarantee of Future Results
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.
Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone.
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