Automating Scanning and Alerting for the (RBB) Rounded Bottom Breakout. This short video shows how easy it is to have (RBB) Auto Alerts at you finger tips. LTA also has auto alerts for Trends, Pop Out of The Box, Continuation patterns, Candlesticks, T-Line Bands and so much more.
Testimonials from happy LTA users!
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
AMAZING!
Coach B.
Great tool, by the way.
Shankly
I love this scanner — made $460 this week on MYGN — right off the scanner !!
Pretty choppy day yesterday in the SPY, both the Buyers and Seller were only half trying to move the flag. Price action closed above the Red Lower T-Line Band and closed below the Green Upper T-Line Band. Our 34-ema trend line is on the bullish side of the dividing line; the conclusion is the SPY is still on the bullish side of the trend. The VIX has been feeling pretty good lately; now with a low/high – higher low in place and a possible bullish Inverted Head and Shoulder forming, this is a clue to be a little cautious. We bought (T) AT&T on the 19th currently up 25.5%, T was both an RBB and T-Line Band auto alert from LTA- Live Trading Alerts. (KO) Coke is another, entered on the 25th from the T-Line Band Auto Alert.
HRC Road To Wealth
The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns.
✅ Trade-Ideas for consideration: GG, PG, JNJ, WAIR, NVDA, CSCO
Live Trading Alerts News
Testimonial
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
Rumors of a US/China negotiations
breakthrough, declining 10-year Treasury yields and busy earnings and economic calendars the
market has a full plate this morning. The
question is will it be a satisfying meal or will it cause indigestion? On the Economic Calendar the GDP according to
consensus is expected to decline and Jobless Claims rise slightly at 8:30 AM
Eastern. One has to wonder if that could
fuel growth concerns or if the numbers will come in better than expected to
reduce those concerns.
The technical s of the index charts don’t provide much in the way of clarity either. The QQQ remains the market leader holding on to a nice uptrend while the DIA and IWM struggle with resistance in a modest downtrend. The SPY appears to want to break the tie but continues to hover just above support and below resistance with indecisive price action. I think it’s safe to say anything is possible so plan accordingly.
On the Calendar
We have nearly 120 companies reporting earnings on the
calendar today. Notable reports include,
ACN & QIWI.
Action Plan
Futures were looking lower last night as Asian markets reacted negatively to the declining
10-year treasury yield. However, with
the rumor of a US/China breakthrough in the
trade negotiations European markets are up across the board and the US Futures have
responded bullishly bouncing off their overnight lows. As I write this Futures point to a flat open
but with nearly 120 companies reporting earnings and a full economic calendar
it’s anyone’s guess how we open trading today.
The consensus is suggesting a decline in the GDP number and a
slight increase in Jobless Claims 8:30 AM Eastern. It will be interesting to see if these two
reports will add to or take away from the economic slowdown concerns. The DIA
and the IWM are still in technical down-trends
under significant resistance levels even after the nice recovery off of
yesterdays lows. The SPY continues to
hover between support and resistance and the
QQQ remains the strongest of the indexes holding on to its uptrend. With so many
factors pushing and pulling the market
today anything is possible.
A mixed bag of trading lately, both longs and shorts are working. This goes to show you the indecision and lack of conviction and teamwork with the four sisters. Let’s take a look at the T-Line Bands trending direction in the SPY, DIA’s IWM and QQQ’s. You can see both the SPY and the QQQ’s are trending up while both the DIA’s and the IWM charts are trending down. Two charts not show is the VT and VTI, both are barely in a bullish trend. The point I am trying to make is the market is a bit flustered with subjects like Recession, Feds, World economy, Politics, Trade war, Earnings. Here are a few solid trading tips: Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies. Think before you trade, plan your trade and trade your plan. If that is confusing for you, let us know maybe we can help.
HRC Road To Wealth
The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns.
✅ Trade-Ideas for consideration: COTY, EA, FDC, GG, HES, QCOM, ROKU, SEE, W
Live Trading Alerts News
Testimonial
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
You have to
love the job of trading, one day like yesterday the SPY closes the day with a
bear controlled candle, then you wake up
the next day, and the futures look as if
the bulls are going to have a great day. (Love the job of trading). Yesterday
the SPY closed with a Doji using the 34-ema as the moving average support, so
far so good but the price action today will need to show that the Bulls have
staying power. Yesterday’s Doji also closed right
at the Lower Red T-Band. (See chart). It is clearly
obvious the SPY struggles to keep even one leg over the $280ish wall. With the VIX
showing Bullish activity and the DIA’s and IWM showing weakness, this market is filled
with sharks circling looking for dinner. Cash is a good position sometimes when
there is a lack of clarity, but if you are trading use the trends, price action (Candlesticks),
proven patterns and strategies.
The LTA scanner proved it’s value helping with producing and capture profits.
HRC/RWO Team News
✅ Member LTA Live Scanner Discount Code: Can be found on the member’s login page down toward the bottom. BIG SAVINGS
✅ Trade-Ideas for considerations: Technical diffacaulties/ No trade ideas today
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
While the market keeps
a close eye on possible interest rate inversion and possible economic slowdown
the US Futures point to a bullish open and a welcome relief to last Friday’s
selloff. Currently the Dow futures point
to more than a 100 point gap up as I write this but still has to clear the
Housing Starts hurdle at 8:30 AM Eastern. A miss of consensus estimates could fuel the fire of economic slowdown while a beat
could clear the way for a bullish morning gap.
As nice a relief rally may be please remember it will take a
huge effort by the bulls to clear the technical damage created in last Friday’s
selloff. The DIA and IWM still the lower
high and are technically in a downtrend.
The SPY while technically stronger
still has significant resistance to deal
with while the QQQ continues to enjoy the
benefits of market leadership. Be careful
not to get caught up in fear of missing
out and chasing into positions as the market tests
price resistance.
On the Calendar
We have just under 60 companies reporting quarterly earnings today.
Notable reports today include CRON, OLLI, CCL FDS, INFO, KBH, MKC &
VALE.
Action Plan
After a very indecisive price action day the DIA finished up
a whopping $0.11, SPY down $0.21, QQQ down $0.31 and IWM up $0.66 we have a
substantial change of attitude this morning.
First Asian markets closed mixed but the NIKKEI and HIS posted solid gains lifting the US Futures. The good vibes continue this morning with European markets bullish across the board with
modest gains. As I write this Dow futures
suggest a gap up of more than 100 points but we still have some economic hurdles to cross before the open.
Besides some notable earnings the 8:30 AM Housing Starts
number will be important this morning amidst
the worries of an economic slowdown. Consensus estimates of 1.213 million units which is just slightly less than the
previous reading. Although a gap up will
be a nice relief remember we still have substantial
technical issues to overcome particularly
in the DIA and IWM so we must still keep a close eye on price resistance levels
above. However, the QQQ is still technically
sound holding higher lows and continues as the market leader at the moment.
If the US futures are any indication
of the day we have ahead we should expect price action to become a bit more
volatile and challenging and the 21% one day
rally in VIX seems to confirm that possibility.
During the night the Dow futures were up more than 100 points shortly
after the open but reversed sharply and traded more than 120 points lower as
Asian markets fell sharply due to global growth concerns.
Technically both the DIA and
the IWM have confirmed lower high failures at price resistance. Although Friday’s price action raises major
concerns for the SPY the pullback in QQQ is only a test of support and the
overall uptrend at this point. Currently
the US futures are only pointing to a modestly lower open but we should expect an
extra dose of price volatility so plan your risk carefully.
On the Calendar
On the Earnings Calendar we have over 70 companies reporting
earnings today. Among the notable reports RHT 7 WGO.
Action Plan
After 2-years of investigation it would seem the Mueller findings have cleared the President of the collusion with Russia. The Attorney General also says the report did
not find enough evidence to charge the president with obstruction of
justice. Now one would think that mess is finally behind us but I would bet money
that’s it’s far from over and will become
a never-ending story in the political
spin cycle. Rockets fired into Israel
will cut the Netanyahu visit to the US short and raises concerns of a violent escalation
in the area.
Futures have been a roller-coaster
ride overnight. First the Dow futures rallied more than 100 points after the AG cleared the
president. Then Asian markets opened and
fell sharply with the Dow futures reversing and dropping more than 120
points. European
markets are modestly lower across the board but the early morning pump has the
US futures suggesting only a modestly lower
open as I write this. I will not be at all surprised if both the overnight
high and low get tested at some point during the day.
Remember Friday’s sharp escalation in VIX suggests a bit more volatility
price action is not out of the question so plan your risk accordingly.
Price action tested by both the buyers and the sellers, use extreme
caution. Friday the SPY closed below the lower MegaPhone line (Bearish clue) and above our Red
Green Line (Bullish clue). With the political trash,
today’s market should be pretty screwed up. The DIA’s have posted three lower highs (Bearish clue), Friday the
DIA’s closed below the Red Green line (Bearish clue) and above the March low (Consolidation
clue). IWM closed below the RED Green line (Bearish clue) and below the March
low (Bearish clue). The QQQ’s are in a Bullish trend, and Friday’s candle suggests
a lower low today. As I said screwed up!
Sure glad we follower our Friday rule and closed a few positions to be lighter
going into the weekend. As I approach the trading week, it will be with extreme caution, a few longs and shorts
always remembering that cash is a position if the market gets too unruly. Something to always remember being
a swing trader is that you don’t have to trade every
day and sitting in cash for a day or two is ok.
The LTA scanner proved it’s value helping with producing and capture profits.
HRC/RWO Team News
✅ Member LTA Live Scanner Discount Code: Can be found on the member’s login page down toward the bottom. BIG SAVINGS
✅ Trade-Ideas for considerations: T, BIG, XRAY, AMAT, ROKU, SPLK, NKE, W
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
