The market (SPY), Yesterday was a tremendous money-making day in the market, all thanks to the LTA Scanner and a few critical indicators on our charts. The SPY is on a beautiful T-Line Run, and it will last until it doesn’t, watch price action. Price action over the past ten days has gone from below the T-Bands to above the T-Bands, a bullish move for the buyers. Let’s keep our eyes on the $302.23 high and the price staying above the T-Line. Any changes we will post an update.
Bullish Hook Reversal Pattern As a trader, it might feel like you spend all your time watching the waters and waiting for a signal to “tug at your fishing line.” Although you may have to throw a few fish back to sea along the way, once you spot the Bullish Hook Reversal pattern, you’ll know that you have a winner. A highly reliable signal, this short-to-medium candlestick pattern heralds a reversal in investor sentiment. However, if you want to catch this elusive pattern, you will need to learn (1) what it looks like and (2) what it’s trying to say. For help, use the succinct summary we’ve created below. Read More
The I path Series S&P 500 VXX Short Term Futures ETN. All though VXX is getting near support I don’t see buyers stepping in as of the close yesterday. Watch the price action and the T-Line.
For Your Consideration: Here are a few tickers we will be adding to our swing trade watch-list. FTCH, ALKS, NEWR, RDUS, MDCO, VSAT, LW, WWD, MLM Trade smart, and trade your trade. Stocks we mention and talk about are not recommendations to buy or sell.
😊 Have a great trading day – Rick
🎯 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.
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