✅ SMS text alerts and reminders?👈

Picture a candlestick: the solid body of the candle, the thin wick above, the shadow below, and (of course) the lovely and fragrant ambiance it creates. From this image, swing traders have created a technique known as Japanese candlesticks.

As you might have guessed, this charting method originated in Japan. The body (also called “the real body”) of the metaphorical candle represents the open and close range, and the body is either filled black (for a close under the open) or left hollow and white (for a close over the open). The thin lines protruding from the top and bottom of the body are known as shadows (or sometimes, “wicks” and “tails”). The top shadow represents the session high, and the bottom shadow represents the session low. To continue reading more on Candlestick Signals please click here

After Monday’s Doji at the 34-EMA and near the 50-SMA yesterday the sellers felt they could push the SPY down, and they did, this morning the futures are up, and the buyers are trying to regain the 34-EMA and 50-SMA ( the battle is on) looking at the SPY between the 50-SMA, and the 200-SMA is a slugfest between traders and the buyers and sellers. A breakout in the next few days above the 50-SMA would give us a bullish “W” pattern. A close below the Dotted deuce would be a failed attempt of breaking out of the 50-SMA, and the August lows may get tested. To continue reading more on Candlestick Signals please click here

The I path Series B S&P 500 VXX Short Term Futures ETN.  Closed with a little Doji on the 34-EMA and what seems to be a little support. A close over $27.00 would spice up a VXX trade and cause the market to give way to a few sellers. Continued weakness on the VXX would suggest the Buyers are getting ready to challenge the 50-SMA.

😊 Have a great trading day – Rick

✅ Check out our newest YouTube videos👈

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. GTHX, SHOP, NVRO, TWTR, NWL, TTWO, TSN, TRHC, MCD, STMP, . Trade smart and wait for the QEP→ (QEP) Quality Entry Patterns). We are currently long, CVS, and WDC. These Trtrade ideas are not recomendations.

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service