Back above the lower T-Line band on a Bullish Morning Star Signal. Follow-through is key to the success of a candlestick signal clue such as the Bullish Morning Star. I personally use the body high of the first candle in the signal and consider the SPY bullish over the blue line $276.85. A close back below the blue line would suggest the buyers are not ready and the sellers are fighting back. Bullishness is still needed over $281.90 before the buyers can challenge the 2018 highs. Both the Red/Green line and the Volatility stop turned green after being red and pushing price closer to resistance. Price action is king and follow-through is a must for the bullishness to continue. Tip – Follow-through does not have to happen the very next day. Cautious and nimble is a quality trait of a successful trader and as of late that quality has been tested daily.
Hit and Run Candlesticks News
🎯 LTA Scanner Workshop March 13, 2019 • 1:00 pm Eastern Room #4
✅ Trade-Idea considerations for the next week or so: PYX, NVDA, IMMU, Z, ACB, ZAYO, TGT
Took 20% on WIX puts! Thank you LTA- Live Trading AlertsJerry G.
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!Coach B.
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