The market (SPY), Yesterday the SPY came close to testing the $294.00 support line and may still do it. While the price is above the $295.00 support line we will remain bullish. Price may bounce around and drive traders crazy. A breakout of $200.20 will surely test the July highs, and a breakdown below the support line will be looking at the recent lows.
Secret Sauce> There are many aspects a successful seasoned swing trader considers while planning a trade. The Top 7 we focus on are the ones above in the image. Take action to gain the most knowledge during your membership with us: Focus on price, price support, price resistance price trending and more
The I path Series S&P 500 VXX Short Term Futures ETN. The VXX chart has been below the T-Bands for 4-day now, no fear yet. The weekly chart is showing a reversal chart pattern setting up off the bottom, be cautious.
For Your Consideration: Here are a few tickers we will be adding to our swing trade watch-list. GMED, BERY, BA, PFE, SHW, ABBV, KO, URTH, Trade smart and trade your trade. All stocks ticker 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.
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