FOCUS: Stocks/Options Tuesday 8/14/2019; Trump postponed a few products in the recent round of trade products to help under the Christmas tree, so the question; is this a band-aid of a fix to the market condition? I think is it merely a band-aid. The trade issues and a host of problems are causing stress to the SPY and the US market in general.

Yesterday the SPY closed at $293.75 after touching our resistance line at $293.75. Also long as the price is below the 34-EMA and 50-SMA and Above the 200-SMA I will remain slightly bearish and very casualty bullish with very tight stops. I have adjusted the SPY danger line to $288.00. A close below $288.00 sets up $283.95 which is about 6% off the SPY highs. $293.75 remains the line for the bulls to beat, anything under $293.75 is nothing but trouble.

The VIX-X CBOE Market Volatility Index posted a nasty bearish engulf but will all candlesticks signals confirmation is required. It does not look like there will be follow-through today unless the bull’s step in and take charge. Above $27.55.00 on the VXX chart could put us back into the VXX trade.

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✅ For your consideration: Due to tecnical resans will will not havetrade ideas in our blog post, however we will in the pre-market gettogether. Remember to trade your own trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). . Chart discussion 9:10 AM Eastern.

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🎯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.

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