Blue Ice Fail Setup Chart Pattern

HCA is presenting us with a Blue Ice Failure Pattern and the Dredded Bearish “h” pattern. HCA has been trending up and started to show signs of fatigue early October. The early October Evening Star pushed the price to the 50-SMA where tested and even tried to become bullish again; the sellers do not see that way. Price has closed below the 50-SMA. Short on price action weakness will be my plan.

YouTube Education

Today’s Featured YouTube Video is Shorting The Blue Ice Pattern; Please don’t forget to subscribe to me FREE YouTube Channel

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

____________________________________________________________

SPY • Test the October Lows

Waking up to a 300 point drop in the DOW is like waking and stepping in something special your cat left you. Well unless your short and have been following basic trend rules. It looks like we are in for a test of the October 11 lows, so the big question is will the market find support and buyers? And that’s why we follow the trend and stay with the trend until the trend has changed. With earnings being so-so and the fear of the FED being a little overzealous is causing the market to be hangry. Micromanaging will bite you in the butt more often than not, bottom picking is just embarrassing and the following the trend is your friend.

YouTube Videos – Free Education On Demand

Trading at the Beach • How to set up the T-Line Regression Lines • MetaStock Automated • Trading the T-Line Trap • Shorting the Blue Ice Pattern

****VXX

The VXX will pop over the 200-SMA today, for those of us in this trade remember you profiting rules.

Testimonial

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

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

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.