Markets Mission Not To Disappoint, But It Will

Markets Mission Not To Disappoint, But It Will

The SPY and the market seem to be on a mission to not disappoint, but it will. Putting aside normal profit-taking pullbacks the trend from April this year has been fantastic for the bull trader!

The SPY has marched higher (Higher Highs) paused for profit taking (higher Lows), and the again marched higher, time after time. One has to wonder when will the market tire out and surrender to the sellers. Well, the truth is it will someday. The wise swing trader knows not to predict but to understand Price Action and trade the charts, not the “Fear of Missing Out” (FOMO). Swing traders understand that Monday through Thursday they can make money and Friday can come alone and you might not make any money, swing traders understand and know they made a profit the first four days of the week. The point is not every day will be a money making day, and we must remember while we are trading for profit we also want to protect what we have earned.

Yesterday the SPY gapped and closed higher on big volume as it gets closer to the upper channel line. As we approach, and even now I believe caution and protecting profits should be our #1 concern going forward for the next several days maybe even weeks. I see many traders (myself as well) are stepping into insurance trades to protect and offset any losses that may occur.

 

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Past Performance Is No Guarantee of Future Results

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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Trending (RBB) J-Hook Continuation Pattern Bullish above $5.52, stop near $5.37

Trending (RBB) J-Hook Continuation Pattern

MDXG is a trending (RBB) Rounded Bottom Breakout with a J-Hook continuation pattern that has found support in the T-Line Bands with about 46% to the 200-SMA. The 2-day chart is set up with a Bullish Morning Star (PBO) Pull Back Opportunity on the T-Line. Price is currently in stage 3 of a continuation pattern, above $5.52 will be stage 4 and the money stage. Bullish above $5.86, stop near $5.37

Don’t eat like a bird and poop like an elephant

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY • Trending

The SPY is still holding above the T-Line and trapped below the 3-EMAH and the $291.92 2018 high line. You can replay the T-Line Trap video here. 

Our 35-day T-Line Bands are in a beautiful bullish trend and price action that has moved with perfection with the bands. (SPY) Price closed yesterday between bands, so the question today is will price break through the upper band and challenge 2018 high $291.92. If the price falls below $289.35, an undesirable pullback will occur but the morning futures are being led by the bulls so far.

 

****VXX – The VXX gapped down yesterday and held, at the moment there seems to be no fear in this bullish resilient market.

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Breakout Upper T-Line Band RBB Strategy Bullish above $20.85, stop near $20.35

Breakout Upper T-Line Band RBB Strategy

Breakout of the Upper T-Line Band and an RBB strategy, SYMC is one of ten that I am adding to our hot list of trade ideas. After the gap down in May SYMC has been constructing a bottom. Price action the past few weeks has found what seems to support and has created a nice channel to trade on a bullish breakout. Yesterday price broke out of the channel on good volume and put SYMC in an (RBB) Rounded Bottom breakout pattern/strategy with the 200-SMA about 20% away. Bullish above $20.85, stop near $20.35

Increase your wealth by selling into strength, (Base Hits) watch your account grow.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY • Harami

The Spy closed yesterday with a Harami in the t-Line Band Trap area above the recent low and below the recent high. The trend is still bullish as price action moves into a narrowing pattern. Yesterday candle attempted but failed to break out of the August 29 high. The battle between the buyers and sellers will be about the possible $291.60 breakout or the pullback as the sellers would like to have it. So how do we separate noise from real chart action, breakout or breakdown? I have found that using a defined trend and a trend area can be very helpful.

 

****VXX – The VXX is working on a Bullish Engulf followed by an inside day. The inside day (yesterday) is a little Hammer; the hammer is illustrating the fight between the buyers and sellers. Who won if the candle body closed in the upper end of the range? Just my humble opinion but I think we have some hedging going on.

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Price Action Setting Up Above The T-Line Bullish buy above $5.26 and a stop below $4.90

Price Action Setting Up Above The T-Line

Price action is set up above the T-Line.  As you can see in the past 12 days price action has swung from above the High T-Line Band down to the Low T-Line Band and now broken out above the green V-Stop dot. The past three bars are resting for the next profitable leg. GOGO is a beautiful (RBB) Rounded Bottom Breakout with almost 50% profit potential to the 200-SMA. Bullish buy above $5.26 and a stop below $4.90

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY Evening Star

Yesterday the SPY ran into a roadblock and threw us an Evening Star that suggests a few days of a sellers party. Let’s keep in mind the trend is still pretty much intact, and I see the morning futures are trying to regain lost ground from yesterday. The day before yesterday price finished above the T-LineH and yesterday started below the T-Linh and finished below the T-Line Low. On the positive side, the recent candle lows can act as support, and we have gree V-stops below to help with support. On the dark side, we are looking at an Evening Star, the Star in a lower high. We seem to have a few pieces to the puzzle, but a few more are needed. My goal today is to protect my positions with stops, go to the back on some and maybe close losers. Could be a pretty cold wet day out there today, may just pass on hunting today.

****VXX – Yesterday printed a Bull Engulf, the morning futures today is trying to take it back, could be a fun battle today.

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Downtrend, Double Bottom, Bull Kicker

Downtrend, Double Bottom, Bull Kicker

Downtrend, double bottom, and a Bull Kicker show up on a chart what do you get? Three great conditions! After the Bull Kicker DISH popped over the RBB Line and had held steady for the past five weeks. Current price action is challenging the $36.90 level with a Bullish “W” pattern breakout and a Doji Continuation pattern, (All within an “RBB” Rounded Bottom Breakout Strategy). The weekly chart also has a Candlesticks Morning Star Signal and price riding the T-Line.

I am bullish on DISH over $36.80 with a protective stop about $35.42. Don’t forget to subscribe to my YouTube Channel

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY

Friday was pretty slow, not much to report. Buyers are keeping the price above the T-Line, and the T-Line closed higher than it did a week ago. The August 29 high is still a problem for the current price. Our 17-day trend line is still pointed in a bullish direction.  FDX and ORCL report today, neither one is likely to have a huge impact on the market.

****VXX – Back below the T-Line suggest no fear

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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Buyers Lead Week Positive Trading

Buyers Lead Week Positive Trading

The buyers lead the week with positive trading above the T-Line. This past week has been pretty good in the SPY and the market overall, the buyers once again lead the trend up. The SPY’s price action has printed a bullish pattern so far starting with Inverted Hammer on Friday the 7th last week. The buyers have kept the price action positive, and now price is above the T-Line, last Friday price was below the T-Line. The key bullish level for the SPY is $291.48, and the key bearish level is $286.98.

This was a pretty good week for the “Road To Wealth Account.” We tagged the 306% level or $20,680.00. I for one am very happy with the results! Having an understanding of price action and chart patterns and having good trading goals/rules on selling into strength and base hits have been right on target. Remember this account started in January 2018 with $5,100.00.

For more information contact Rick Saddler Here

 

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Past Performance Is No Guarantee of Future Results

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone.

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Cup and Handle PBO Bullish Engulf bullish on GLW over $34.25 with a protective stop about $33.25

Cup and Handle PBO Bullish Engulf

GLW has printed a beautiful Cup and Handle with a PBO Bullish Engulf. The handle, of Cup and Handle, has served as positive bullish consolidation with the last few days printing a bullish pop and drop followed by a Bullish Engulf; I call this a PBO (Pull Back Opportunity). If you want to see a work of art take a look at the weekly chart. I am bullish on GLW over $34.25 with a protective stop about $33.25. Don’t forget to subscribe to my YouTube Channel “See button above.”

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

August “Road To Wealth” trading statement posted here Monthly Trading Results

What’s on Rick’s watchlist today? New brokerage statement says 258% increase this year.

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SPY Over T-Line

The SPY closed yesterday with a Doji following a bullish Engulf; we call this two bar pattern a Doji Continuation Pattern. The bulls look as if they have reversed the recent profit-taking pullback. When following price action and Candlesticks it’s so easy to see the changes in a trend. Waiting for the trend reversal to confirm can increase your success probably much more than trying to get in early before the turn. Crazy thinking and most likely the opposite of what most traders think. Maybe this is one reason 90% of all traders fail.

****VXX – Back below the T-Line suggest no fear

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Classic Hit and Run Candlesticks (RBB) Setup bullish on PZZA over $47.00 with a protective stop about $45.60

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Classic Hit and Run Candlesticks (RBB) Setup

PZZA is a classic Hit and Run Candlesticks (RBB) setup looking for relief rally swings. Constructive bottom after a downtrend. A Bullish Morning Star started the game followed by a Bullish Inverted Head and Shoulder that has lead to price challenging the 50-SMA a brief rest then over the 50-SMA we go. Now we have an (RBB) relief rally setup that has a probability of a 10-15% stock trade or a 30% plus option trade. We are bullish on PZZA over $47.00 with a protective stop about $45.60

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

August “Road To Wealth” trading statement posted here Monthly Trading Results

What’s on Rick’s watchlist today? New brokerage statement says 258% increase this year.

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SPY Engulfs

The SPY found Buyers, support and a Bullish Engulf yesterday. The past 6-7 bars have shown how the bears can graze on the weak until they pick on the wrong Bull. It all started with the Inverted Hammer and support which needed and received positive trading the next two days. Yesterdays Bullish Engulf has run a few Bears off. Over the next few days, we need to see more bullish constructive trade to run the rest of the bears off. Over $289.60the Bulls should be free to roam around for a week or so. Below $286.75 would bring the Bears back.

****VXX – Key level for the fear chart (s) (VXX) is $33.40

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Doji Continuation Pattern Challenging Breakout bullish on THS over $54.25 with a protective stop about $52.30

Doji Continuation Pattern Challenging Breakout

THS has crafted a Doji Continuation that is challenging recent highs for a breakout. Starting about July price action stated to draw a Bullish “W” Pattern that confirmed on August 23. Followed by a six candle T-Line Run, an Engulf and a Doji yesterday has set the chart up for a Doji Continuation Pattern. The 34-EMA has crossed back over the 50-SMA to confirm the trend price started early August. We are bullish on THS over $54.25 with a protective stop about $52.30

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

August “Road To Wealth” trading statement posted here Monthly Trading Results

What’s on Rick’s watchlist today? New brokerage statement says 258% increase.

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SPY • DIA’s

The SPY failed to close over the Inverted Hammer and the T-Line (8-EMA). Price did break the new low streak by making a higher low and high. The SPY is in a place of indecision, struggling to make a choice. I also think the important chart to look at today is the DIA’s. The DIA’s closed yesterday with a Bearish Engulf and the pre-morning trading suggest the Bearish Engulf will see follow-through likely to test the 20-SMA. If the buyers can not step in front of the sellers, the DIA’s may see the 34-EMA by the end of the week. The Bulls need to carve out a reversal pattern that pushes the price over the T-Line at least once to start the bullish climb.

****VXX – VXX gaped down yesterday to the T-Line and held forming a Doji. If fear steps to the door price action could easily challenge the 50-SMA. If the VXX chart is successful with the 50-SMA, the $35.00 area is a good probability.

 

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Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Cradle Pattern Equals Cup/Handle Pattern YEXT bullish over $27.30 • Stop about $26.40

Cradle Pattern Equals Cup/Handle Pattern

YEXT daily chart is presenting us with a Bullish Cradle Pattern which is a Cup and Handle Pattern on a faster time frame. YEXT has been hot and trending in a T-Line Run, then about a week ago the profit takers stepped in and caused an Evening Star that led to a pullback below the T-Line. Price action has was in a state of indecision for four candles, the Buyers came back Friday and tested the Evening star high. And a pattern is formed, it is very important the bulls breakout of the Evening Star high and prove support. Two opposing forces are at play in chart patterns. We are bullish YEXT over $27.30 with a protective stop about $26.40

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

Road To Wealth August 2018 statement has bee posted Monthly Trading Results updated the first week of each month.

What’s on Rick’s watchlist today? New brokerage statement says 258% increase.

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SPY 

The weekend is over without major political jiber Jaber, and this morning the buyers are trying to sneak through the T-Line (8-EMA Moving average) 7:15 AM on the daily chart. Friday gave us six days with lower highs and lower lows and an Inverted Hammer on the 20-SMA. The Inverted Hamer indicates the sellers hit the road running right out of the gate; then the buyers fought back closing off the lows. I have found the Inverted Hammer after a trend down suggest the buyers are fighting back and trying to turn the trend around. It is very important that confirmation is visible in the next few days. Price action on the 3-day chart shows that the T-Line (8-EMA) has caught a 3-day low and has held price within the breakout candle four candles ago.

****VXX – The VXX chart was pretty active last week running up to the 50-SMA but closing under keeping the trend reversal at bay. The bullish construction of VXX is still troublesome and needs to be watched.

 

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