Happy Thanksgiving Week
Happy Thanks Giving Week. This week will be a challenge for sure with Tuesday getting ready for Thanksgiving, Wednesday Thanksgiving Day, Thursday the day after Thanksgiving. Friday is Black Friday, and the market is open ½ day, then teres Cyber Monday. The volume in the markets will likely dry up to near dust. In the trading room today we will look at my dark chart with no candles or price action, moving averages only. You will see the trouble the bulls are fighting. The 34-EMA is barely hovering over the 200-SMA, and the 50-SMA started to turn down in early October. Under $275.85 the bulls are sitting ducks and could be forced to test the November possible the October lows. 7:30 am SPY futures down 10.00 and DIA down 85.00
FEYE On The Watchlist
FEYE is on the watchlist because of the trend, and the possible follow through freon the current chart pattern. Bullish trend. Volume break on October 31, and now price is having around supporting about $17.90. Thursday and Friday showed buyer interest near the Volatility Stop. Over $18.80 probable test of $19.50. Over $19.50 probable teat of near the recent high, so on and so on.
Add FEYE to your LTA-Live Trading Alerts Real Time Market Scanner watchlist and be alerted for a bullish entry/trade. Members trade ideas will be on the member’s blog.
Trading Services We Offer
321% This Year
The two most important pieces of software Rick uses is LTA – Live Trading Alerts Get your 30-Day Trail and TC2000 Charting Recieve $25.00 Off
Rick has dialed them in for max performance, and he freely shares his insights on what makes the tools the best and how to use them. Rick is also one of the only traders in the industry that shares his trading account. Traspaerancey and Trading Results.
Free YouTube Education • Subscription Plans • Private 2-Hour Coaching
YouTube Videos
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
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it. Past performance does not guarantee future results. Terms of Service
Comments are closed.