Bullish Candlestick Belt-Hold and RBB Setup PPC bullish in the buy box or above, Stop below $19.00.

Bullish Candlestick Belt-Hold and RBB Setup

PPC is a Bullish Candlestick Belt-Hold and RBB Setup, PPC gapped down the other day and came back closing with a Belt-Hold and Bullish Engulf. The recent price action is a clue that buyers are in favor of PPC going higher. Right now we are looking at about a 20% trade. PPC bullish in the buy box or above, Stop below $19.00.

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SPY • Mid-Term election Day!

Finally mid-term election day, enough with those obnoxious ads that do nothing other than trash the other candidate.

So yesterday closed with a Spinning Top Doji inside day. Price also below the 200-SMA, the first order of business for the bulls will be to get price action above the 200-SMA, and the first order of business for the bears is to keep the price below the 200-SMA. Remember 80 of the stocks follow the SP-500

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****VXX – Is sitting on the 200-SMA, VXX is a great clue to market fear.

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