Bullish Scoop On The Daily 34-EMA
Bullish Scoop On The Daily 34-EMA
The Bullish Scoop on the daily 34-EMA has caught my eye. INFN has been pulling back and the last couple of days price has found a friend in the 34-EMA. The 50-SMA is also catching up to price. The 3-day chart is resting on the 200-SMA while the 5-day chart is in an (RBB) set up. The weekly chat shows off the Cradle pattern that was created very well.
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
[button_2 color=”orange” align=”center” href=”https://ob124-3f9f74.pages.infusionsoft.net/” new_window=”Y”]Helps With Timing and Picking Trades[/button_2]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? Steve will also be sharing stock trade idea for the following week. We want to help you get your education money back.
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 • Closed Over T-Line
For a minute yesterday, I thought we were going to break out of the box we have been trapped. (Ha, I thought wrong) Sor far this morning it looks like the futures will open us up above the Dotted Duece. Until the SPY can breakout and close above $266.00, the sellers will be hanging around. On the 2 and 4 hour charts, I am picking up an Inverted Head and Shoulder (Bullish). Stay sharp and stay true to your rules.
At the moment (Early before the market opens the VXX is under water looking a little shy. Above $51.25 that little guy could turn into a monster.
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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.
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