Tightening Triangle Wedge

Tightening Triangle Wedge

The SPY is trading below the 50-SMA and above the 200-SMA while in a tightening triangle wedge. The recent low-high and higher low has pushed the 50-SMA to a slight rise. Yesterday’s close above $265.00 was a win for the buyers, but danger still lurks with crossing the 50-SMA and our red downtrend line. We still feel caution and patience is the key to success in this crazy market. At the moment we are neither bullish or bearish, we are waiting for the breakout or the breakdown from the tightening triangle wedge.

49 Trade-Ideas Added to The Watchlist

Below you will find 49 that I have added to my watchlist. Some of these trade ideas are ready to fire off now, and some may take a few days. A well-educated swing trader knows what to do. Trading can be very rewarding and extremely risky. Remember all trade ideas are ONLY for your evaluation and consideration.

Symbols from TC2000

APRN, BEAT, AQMS, CDR, AZPN, AXS, KERX, IMMU, V, INSY, HD, PNK, ERX, P, UPS, DNR, ANF, AMZN, LL, AAOI, DRN, MA, CELG, CLNE, GLUU, AXAS, MRO, WTI, CREE, WIX, SOXX, STX, DVN, HAL, BURL, XRT, XLE, VDE, XOP, VRX, XCRA, OIH, EWM, CROX, FIVE, XLU, EL, SMTC, PTN

Event Calendar

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Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

In case of a Bullish Market

In case of a Bullish Market

Today’s Date April 26, 2018

In case of a bullish market in the next week or so I have 26 stocks I am adding to my watchlist. I hope you find them helpful. Remember to plan the trade and let the entry come to you.

Rick

Symbols from TC2000
APRN
BEAT
AQMS
AZPN
AXS
KERX
IMMU
V
INSY
HD
PNK
P
UPS
DNR
AMZN
LL
AAOI
MA
CELG
GLUU
AXAS
MRO
WTI
DVN
HAL
VRX

GLNG Resting on T-Line, Bullish Flag

GLNG Resting on T-Line, Bullish Flag

GLNG has broken out and now resting on the T-Line with a Bullish Flag, Doji, and a near Bullish Engulf. Bullish trading over $30.90 should encourage more traders to follow, a breakout over $32.40 could produce a swing to the high $37.00 area. $40.00 possible with follow through. FYI the market must cooperate. We will cover more details about stops and entries in the HRC trading room.

[button_2 color=”red” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Tonight’s Workshop • The Stochastics/RSI Edge[/button_2]

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% • FLO 3% • VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

Event Calendar

SPY •

Facebook reported well and seemed to be holding pre-market. Above $167.10 should make the market a little happy.

Yesterday the SPY found the 61.8% Fib retracement and closed with a Hammer; I suspect we see the buyers attempt new high today. The important number to beat in the very near future is the $265.00 line, that would put the buyers in a position to challenge the $268.00 line and the bearish downtrend line.

The VXX chart did not back off much yesterday, but I see it has backed off a little this morning pre-market.

Rick’s Trade-Ideas Reserved for Members

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Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

[testimonials style=”10″ margin_top=”” margin_bottom=””][testimonial name=”Fred%20Narielvala” company=”” href=””]%3Cp%3EI%20have%20been%20a%20member%20of%20HRC%20for%20five%20years%2C%20RWO%20for%20three%20years.%20I%20applaud%20the%20efforts%20of%20all%20coaches%20Rick%2C%20Doug%2C%20Ed%20and%20Steve%20(also%20fellow%20members)%20in%20helping%20me%20become%20a%20better%20trader%20than%20I%20was%20starting%20out%20and%20I%20am%20still%20learning.%20Doug%20reinforces%20the%20%22Price%20is%20King%22%20mantra%20every%20day%20since%20we%20traders%20tend%20to%20forget%20it%20in%20the%20midst%20of%20finding%20the%20next%20’sure%20thing’%20indicator.%20Rick%2C%20will%20make%20us%20sometimes%20answer%20our%20questions%20to%20foster%20the%20thinking%20and%20quicken%20the%20learning%20process.%20Over%20the%20years%2C%20I%20have%20been%20in%20many%20trading%20rooms.%20I%20am%20here%20to%20stay.%20This%20room%20and%20its%20members%20are%20the%20best.%20Period.%3C%2Fp%3E%0A

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Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

OSK Signaled More Selling

OSK Signaled More Selling

OSK Signaled more Selling yesterday at the 200-SMA and formed a Bearish Pop Out OF the Box, and the 50-SMA has crossed below the 200-SMA on the daily chart. The weekly chart is a classic Bearish Blue Ice Failure. With a little bullish bounce, OSK may be ripe for short to about the $58 area. We will cover more details about stops and entries in the HRC trading room.

 

[button_2 color=”light-green” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Education Opens Doors • True or Not? You Decide[/button_2]

 

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% • WTW 21.9% •

SPY • Earning Season is Here

So much for the bullishness yesterday! A case where the pre-market futures where in good shape but the crowd wanted more blood. So yesterdays low nearly made it to the 200-SMA. The bigger overall downtrend is still holding price back and causing the trading range to be getting smaller and smaller with a line drawn horizontally at $256.50 (where the bulls have found support in the past). The seller has had the advantage the past four trading days, and they will continue to have the advantage until they own the $267.70 area. The SPY is getting a little shorter oversold, but that is only part of the puzzle, you will need bullish price action and a breakout to belong.

Our VXX trade is working out nicely, with the bullish engulf yesterday. Without more fear in the market the VXX may start to flame out, fear would make it fly.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

In the past eight months, I have been a fortunate member of Hit and Run Candlesticks Right Way Options. The education on a day-to-day basis is both informative and fun. The E-learning further cements the learning experience along with the educational archives and methodology. If you enjoy working with other members to solve mutual options strategies engagingly with a sense of purpose, then this membership can be yours.

Jerry Hefner

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

FEYE and Yesterday’s Bullish Harami

FEYE and Yesterday’s Bullish Harami

FEYE and Yesterday’s Bullish Harami are signs that the buyers are still interested in buying. Friday the sellers had the candle control until they ran into support. On the daily chart, FEYE has formed a clean little cup off the 50-SMA with bullish reversal candles. With a bullish breakout above $19.05 keep your eyes on the weekly 200-SMA. We will cover more details in the HRC trading room. We are currently long FEYE

STOCHASTICS-RSI For a Sharper EDGE Workshop

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

[button_2 color=”red” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Don’t Miss The Workshop – Click For Details[/button_2]

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39% • TWTR 50%FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9%

SPY • Earning Season is Here

The SPY has been working bullish magic since the Bullish Engulf on 4/4/18, at some point we all know that the run needs a rest. Why not at resistance and after a hard run to close above the 50-SMA? The last four bars have been resting and testing the ‘W’ pattern breakout. A close over the 4/18 high would put the buyers in a position to break through the downtrend line. Note T-Line is still supporting the weekly price. Please be aware of earnings, don’t over trade and trade calm.

VXX in above the 200-SMA but below the T-Line. Price is trying to construct a bottom but nothing interesting so far

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Build the Education, Success Will Follow

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

In the past eight months, I have been a fortunate member of Hit and Run Candlesticks Right Way Options. The education on a day-to-day basis is both informative and fun. The E-learning further cements the learning experience along with the educational archives and methodology. If you enjoy working with other members to solve mutual options strategies engagingly with a sense of purpose, then this membership can be yours.

Jerry Hefner

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

A Valuable Secret About Trades

A Valuable Secret About Trades

How many trades ideas do you post? That is a common question I receive at least five times a month. Please let me explain a valuable secret about trades given out. If your not making money now, sharing a trade idea will not change that. Without the proper education, the probabilities are extremely high you will not prosper from a free trade idea. It baffles me why new and struggling traders will not spend the time or budget money for trading education. Please understand the probability of trading success is -ZERO- without an education plan. Scroll down to read a testimonial from a current member.

4/23/2018 Due to technical difficulties there are no trade ideas today. We will share plenty of trades during the day.

STOCHASTICS-RSI For a Sharper EDGE Workshop

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

[button_2 color=”blue” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Workshop Details Click Here[/button_2]

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39%   • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9%

SPY • Big Earnings Week

The SPY has been resting the past 3 bars just as we expected and talked about in the trading room last week. Last week we had drawn a support line at $265.10, and so far it has kept the sellers at bay. This is a big week for earnings, and if earnings cannot support the buyers, a break down of $265.10 would suggest another test of February and April low support line. On the other hand, good earnings could push the price over the $273.35 line which would keep the current trend in play.

The VXX is trying to find support at the 200-SMA, over the 50-SMA would concern me.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

I have tried many trading services over the last 20 years and have also blown up two accounts to the tune of $40,000. I have seen Hit, and Run Candlesticks come up in my email offerings and never gave them a second look thinking they were just another money grubbing services eager to take my membership fee. But I read a testimonial recently kind of like this one and said I would give it a shot. Why I didn’t see the difference in that HRC offers a monthly subscription (instead of the usual yearly membership) and at less than half of what most services charge was mostly due to my pigheadedness.

Once I joined, I quickly learned that Rick Saddler and his team were not here to sell subscriptions, they were here because they truly wanted to help others learn swing trading and learn to become better traders. Rick Saddler is just a down-to-earth guy who will challenge you and ask you what your plan is; in whatever ticker you are inquiring about. He then will give you his thoughts on that symbol. He honestly is coaching you, to bring out the best trader in you, helping you to set aside the emotions and learn the simple approach to swing trading that he does all day long live.

The traders that are in the room (other members) share what trades they are making and why. My trading account went to green shortly after joining and following the alerts and trade ideas in the room and via the site. Hit and Run Candlesticks and Right Way Options have been a godsend for my account. Thank you, Rick Saddler, Doug Campbell, Ed Carter and Steve Risner. You are The Real Deal!

Tom Paolini

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

Long-Term Bullish Ascending Triangle

Long-Term Bullish Ascending Triangle

FSLR has been creating a long-term Bullish Ascending Triangle and the last few days has been showing signs bullishness. I shared my thoughts on FSLR at last nights Member eLearning pointing out how tight price was getting inside the Ascending Triangle. A breakout would suggest another bull run. Keep your eye on the $100.00 mark…Trade for success or learn to.

AMD took me to the bank yesterday +41%

STOCHASTICS-RSI For a Sharper EDGE

[button_2 color=”red” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Workshop • Stochastics/RSI[/button_2]

PANW: Entry on 3/29 @ $182.43 • Exit on 3/13 @ $192.78

ADBE: Entry on 3/6 @ $213.57 • Exit on 3/13 @ $223.68

BA: Entry on 1/5 @ $298.61 • Exit on 1/18 @ $346.73

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

ADM 41% • IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39%   • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

Event Calendar

SPY • Earning Season is Here

Another day higher and another trip to the bank! The SPY gapped and held it’s move yesterday as it climbs closer to where a group of sellers is hanging out. The $273.36 area may cause the SPY to retreat and re-group before it can continue the current run. The $265.11 area should act as support. The past 5-6 trading days has been good to us so let’s not push so hard we give our profits back.

****Earnings Season is Heating Up*****

The VXX is right on the edge of our bounce zone now that it has tagged the 200-SMA, the bounce zone is between the 200-SMA and the Dotted Duece.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

Four Bar Rest Bullish Harami

Four Bar Rest Bullish Harami

Four bar rest Bullish Harami, SPRINT bolted out of a Bullish Scoop pattern a few days ago and had been resting the past 4 bars. Yesterday rested with a new low and came back closing with a bullish Harami. The weekly chart paints a good picture of challenging resistance and winning, also take note of the weekly Bullish Morning Star. With SPRINT reporting on May 2, one must trade carefully.

STOCHASTICS-RSI For a Sharper EDGE

[button_2 color=”blue” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Stochastics • RSI • Workshop[/button_2]

 

PANW: Entry on 3/29 @ $182.43 • Exit on 3/13 @ $192.78

ADBE: Entry on 3/6 @ $213.57 • Exit on 3/13 @ $223.68

BA: Entry on 1/5 @ $298.61 • Exit on 1/18 @ $346.73

Stochastics -RSI as been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month. Would learning more about STOCHASTICS/RSI be good for you?

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

IWM 13% • SHLD 57% • FOSL 11% • IWM 49% • CVEO 29% • GE 11% • ANF 56% • CREE 51% • FLO 3% • VXX 6% • CAT 39%  • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% • QQQ 179% • TWTR 180% VXX 375% VIPS 118% • WTW 21.9% •

Event Calendar

SPY • Earning Season is Here

Yesterday the SPY closed its price between it’s T-Line, and it’s 50-SMA, the buyers are slow pushing price higher, simply put they will continue until the sellers stop them. It is very imported we follow and listen to what price tells us. Although we do not want to react with every little tic of the chart, we don’t want to hold on to our emotional belief if price is clearly saying something else. It’s goals for the SPY to keep the sellers at bay. 1) Close over the 50-SMA, 2) close over $271.50, 3) close over $ 275.90, 4), close over $279.50.

****Earnings Season is Heating Up*****

The VXX is now on a path to about $40.00 – $37.00

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

STOCHASTICS-RSI For a Sharper EDGE

STOCHASTICS-RSI For a Sharper EDGE

Stochastics -RSI has been widely used by many but none with the accuracy and consistency of my good friend and colleague Steve Risner. Steve will be sharing how he uses Stochastic/RSI and a grouping of 3 moving averages to trade for a living. Steve will proudly show you one of his accounts that he increased from $51,642 to $55,807 in one month.

[button_2 color=”green” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Learn More About Stochastics/RSI[/button_2]

3-Day Chart Morning Star

The buyers on AAOI has produced a 3-Day Chart Morning Star buys signal. The daily chart is now an (RBB) pattern a little Inverted Head and Shoulder buyers pattern. With 3 bars over the 50-SMA followed by moving averages turning up. The plan now that price has closed above the downtrend line is to wait for an appropriate rest (consolidation) and a buy signal. Use (RBB) Rounded Bottom Breakout Rules.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

IWM 13% • SHLD 57% • FOSL 11% • IWM 49%CVEO 29% GE 11% • ANF 56%CREE 51% • FLO 3% • VXX 6% • CAT 39%  • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

Event Calendar

SPY • Earning Season is Here

On April 4 the SPY painted a Bullish Engulf that kicked the recent bullishness into gear. As of the close Friday, the price has managed to close above the Dotted Duece, 20-SMA and the T-Line. If the bullishness in the pre-market futures can hold and build the 50-SMA may get challenged. The overall goal is to challenge the extended downtrend line that runs from the January highs to the March 13th high.

****Earnings Season is Heating Up*****

With the market showing a little more strength the VXX is falling asleep (for now). The VXX still has the potential to wake up.

Rick’s Trade-Ideas Reserved for Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

Focus Trading Education

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

*************************************************************************************

 

Live Members Morning Prep

Live Members Morning Prep

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. Members morning briefing This is a time before the market opens that we take a look at the futures, chart changing news and charts that should be on the watchlist.

Stochastics/RSI

My good friend and colleague Steve Risner will be sharing how he used Stochastic/RSI and a grouping of 3 moving averages to move his account from $51,642 to $55,807 in one month. Could know more about STOCHASTICS/RSI be good for you?

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Recently closed

GE 11% • ANF 56%CREE 51% FLO 3% • VXX 6% • CAT 39%  • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

Event Calendar

SPY •

This past week has been pretty good to us with the SPY making higher lows. As of yesterday the SPY has closed over the T-Line three days now and closed over the 20-SMA for the first time yesterday in 18 days…one baby step at a time. No way are we out of the woods yet, the bearish downtrend line and the 50-SMA are waiting for a fight. About the $270.00 area should be the next hurdle assuming price can hold the 20-SMA.

Let’s not ignore the VXX chart, it is resting quietly at the moment, but the weekly chart is a beautiful bullish chart.

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