Buyers Lead Week Positive Trading

The buyers lead the week with positive trading above the T-Line. This past week has been pretty good in the SPY and the market overall, the buyers once again lead the trend up. The SPY’s price action has printed a bullish pattern so far starting with Inverted Hammer on Friday the 7^th last week. The buyers have kept the price action positive, and now price is above the T-Line, last Friday price was below the T-Line. The key bullish level for the SPY is $291.48, and the key bearish level is $286.98.

This was a pretty good week for the “Road To Wealth Account.” We tagged the 306% level or $20,680.00. I for one am very happy with the results! Having an understanding of price action and chart patterns and having good trading goals/rules on selling into strength and base hits have been right on target. Remember this account started in January 2018 with $5,100.00.

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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, 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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