RBB, Hammer, Bull Engulf, Rising Price
RBB, Hammer, Bull Engulf, rising price. TNDM has been working on constructing Frypan/Rounded bottom for the past few months. This past week price has printed bullish candles that suggest buyers are poking around. Yesterday price broke out of a Pop Out of The Box pattern. FYI I am looking at a 3-day chart
We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing
Recently closed
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% •
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Event Calendar
SPY • Who’s Winning the Battle?
The buyers and sellers are having a knockdown battle, and as long as the price stays below moving averages (50-SMA and below), the sellers will own this market. Also holds true to trading charts. Yesterday’s close engulfed Monday’s positive day for the price. Note that Monday did not have to follow through and neither Monday or Tuesday closed over the T-Line. Over $269.23 the buyers have a chance, below $257.80 the sellers gained more control.
The VXX short-term futures
Yesterday I wrote the VXX “Should not be dismissed just yet.” The reason is very simple, price and the chart pattern and the recent trend is still bullish. This action suggests that fear and concern are still in this market.
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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
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.
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APTI Bullish Pop Out Of The Box
APTI has broken out of a Bullish Pop Out of The Box and now testing support. APTI has been trending then started to consolidate on March 8. The Bullish engulf on March 14 saw a little pop but no follow through. The following days drifted down to the $29.00 area (support) Yesterday’s candle opened near support and closed above the March 14 Bullish Engulf. The chart appears to have enough buyers to create follow through.
We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing
Recently closed
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% •
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SPY Update
The Strong Bull move yesterday will likely bring more buyers in today reaching for the next goal. The next goal would be about $269.00. A close over $269.00 today or tomorrow would put price above the 50% line of 3/13 high and the 3/23 low. From there the daily 50-SMA could be challenged.
The VXX short-term futures
VXX close yesterday above the downtrend line and should not be dismissed just yet.
Rick’s Swing Trade Ideas Reserved for Subscribing 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.
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.
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Uncomfortable About Chasing A Trade
Honestly, folks, I feel so uncomfortable about chasing a trade today that I am not posting any. The market is in an angry phase that shreds accounts. If we see a trade during the day, we will post it in the trading room and on our Smart Phone App. Trading because of an addiction or desperation is not smart trading.
We will any discuss charts you may have in the trade in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing
Recently closed
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% •
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Event Calendar
SPY • Relief Rally
Friday the SPY fell again and landed on the daily 200-SMA, also very near price support. Pre-market numbers suggest a relief rally bounce just as we talked about Friday. A common relief rally to about $263.35 would be normal, maybe even between $263.35 and $265.90. The SPY felt pain and damage last week, and if today’s bounce is the start of a bottom, we will need to see a constructed reversal pattern. If the Bulls are not ready for a repair job, we could slide into the February low area.
The VXX short-term futures
THE VXX chart demonstrated it’s fear last week by breaking out and holding into Friday’s close. The pullback I see premarket is still above the downtrend line. Fear and volatility are in the house.
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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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
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.
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Trade The Direction Of The Market
One of our subscribers said in the trading room yesterday “So nice to be trading in the direction the market is moving; There was a time I would hold on to a position for months or years.”
The SPY has lost over 5% in the past nine trading days, failing the 50 Day-SMA and now testing the Dotted Duece FWL200. The SPY is very oversold now, so a bounce is near but I doubt it will help much. I believe the 200 day-SMA will be eventually be tested after some sort of relief rally. I have no doubt the market will turn around but only after a complete reversal pattern has been constructed. There were two traders and a pot of gold, one trader was patient and one not so much. Who do you think won the pot of gold?
Road Trip with A Trend
My Promise To You…. is to teach what works from having 30 years of trading teaching and coaching experience. And, to share with you the knowledge and tools you need to trade continuation patterns with ease and resulting profits!
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The 15% Bonus Discount Will End Soon
Fact! All profitable swing trades come from some continuation pattern.
Benefits of Using Continuation Patterns
- Number 1 reason… easy to profit from the patterns
- Easy to train your eyes for spotting the patterns
- Easy to scan for the patterns
- Easy to enter the pattern
- Easy to set protective stops
- Easy to trade the pattern
- Trade time ranges from overnight to about 20 days
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.
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TDOC • Daily Chart • Bullish J-Hook
TDOC and the Daily chart is forming a Bullish J-Hook continuation pattern with a 2-day chart Bullish Morning Star. Lets back up, and look at the weekly chart. The past seven months the chart has floated sideways (consolidation) and formed a Bullish Morning Star with a mini Inverse Head and Shoulder off the (50-SMA weekly) back to the daily chart- Price broke out and tested, rallied to now form a Bullish J-Hook.
We will discuss the trade in detail in our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing
Recently closed
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% •
For more benefits Click Here
Event Calendar
SPY and Price Action
Mr. Powell has spoken, and the SPY closed above the most recent low ($268.62) yesterday. We wake up to see lower premarket trying to test the resent low ($268.62). The decision Bulls need to make today will be to let go and allow the bears to take us to $264.80 or fight for the 50-SMA.
The VXX short-term futures
Keep an eye on the VXX; it can give clues to the amount of fear or lack of fear in the market. The VXX chart closed yesterday with minimal fear, but the pattern is dangerously poised like a snake waiting to strike.
Rick’s Swing Trade Ideas Reserved for Subscribing Members
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
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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Doji Sammich In A Rounded Bottom Breakout
WIN has presented us with a Doji Sammich in a Rounded Bottom Breakout Pattern. The T-Line and the 20-SMA have also started to rise. Recently WIN has been in a downtrend and back in February WIN planted its feet with a double bottom. We are looking for an about 20% trade with the normal bumps and hurdles.
The big game changer FOMC today. Let’s trade wise and profitable while preserving our capital.
We will discuss the trade in detail in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing
Recently closed
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% •
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SPY and Price Action
Yesterday was a Doji close above the previous days low of $268.62 and the higher high / higher low chart pattern is still working. Today is all about the FOMC and how the market reacts. Below $264.50 would likely create a bigger bear, above $273.50 the bull has a chance to do its job. Stay back from the edge.
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
The VXX short-term futures
Keep an eye on the VXX; it can give clues to the amount of fear in the market.
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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Bullish Piercing Candle (RBB)
CYTK has printed a Bullish Piercing Candle in an (RBB) chart pattern catches my eye. Ater a closer look I can see a recent 9 bar run followed by a PBO and a Doji Continuation pattern setting up. A double bottom is being put in, and a Bullish “W” pattern is possible in a few days. A Bullish trade over $9.00 with (RBB) rules. The big game changer FOMC starts today. Let’s trade wise and profitable while preserving our capital.
We will discuss the trade in detail in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing
Recently closed
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% •
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SPY and Price Action
Yesterday the SPY dropped to our lower support line, now that the SPY chart has created two higher highs and two higher lows and the wedge is getting smaller I suspect resolution is near. Would resolution do we hold this line and rally to breakout or do we lose the line and head for the 200-SMA? FOMC will likely be a price mover this time, trade wise.
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
The VXX short-term futures
The VXX printed a bullish candle yesterday that created a Bull kicker Morning Star pattern. Over $43.90 would indicate fear of the bear.
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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Weekly Bull Kicker On Volume
Looking at the chart on AQMS I see a weekly Bull Kicker on volume that has seen a little profit taking and now forming a continuation pattern. Let’s look at the daily chart now; price has chopped around above a rising 50 day-SMA in an (RBB) Rounded Bottom Breakout pattern. Friday left up with a Bullish Morning Star with both of the deuce magnets above. A three-day chart offers a nice Morning Star that will use as support. The big game changer this week will be the FOMC meeting report. Let’s trade wise and profitable while preserving our capital.
We will discuss the trade in detail in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing
Recently closed
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% • Education and practicing what you learn is one of the keys to success. Take a Road Trip and Learn
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Event Calendar
SPY Update
The SPY produced four lower loss last week closing under the T-Line and the 50-SMA. Price did close above the lower bullish trend line keeping price contained in the wedge it has been building. Not that there is any guarantee but the price has been following the path of the tops and bottoms wedge. (February to now) Chop Chop Chop until we see a breakout or a breakdown. I will remain cautiously bullish until the chart turn bearish below the current chart pattern.5
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
The VXX short-term futures
The VXX could be a big clue; there was no real fear last week. However, price does seem to have found a little support. Premarket today is showing a little activity. The hourly chart is looking at $43.50
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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Stay Off The Thin Ice
Trading this market right now reminds me something my grandfather used to tell me…”Stay Off The Thin Ice”. The SPY closed on the 50-day SMA with the T-Line above itself the past 20+ days, it is very important for the bulls to maintain support above the 50day SMA. If not the next landing could be hard. The DIA’s closed yesterday with a Doji on a little support. The DIA’s are in bad shape below the 50-day SMA, the weight of the bear could be too much at this point, and a retest of the February lows may be required. If the bulls can pop the DIA’s over the 50-day SMA, it would allow the room to challenge the January highs. The market is between a rock and a hard spot, trade very carefully. Capital preservation should be at the top of your list right now.
We will discuss the trade in detail with a trading plan in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing
Recently closed
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%
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
The VXX short-term futures
The VXX showed no real fear yesterday and closed below the T-Line if the VXX gets above $48.40 we are likely to see a bloodbath. Stay off the thin ice.
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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3-Day Doji Continuation Pattern
MLNX has broken out of a recent consolidation base and followed through with a low/high, higher/low pattern. For the last nine bars price has run the T-Line and on the 3-Day chart, we have a bullish Doji Continuation pattern set up. Profit zones $85.00 ish then the $100.00 area with positive price action. Plan your trade and trade your plan.
We will discuss the trade in detail in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing
Recently closed
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% • Actual confirmed trades, putting my money where my mouth is.
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Read the Chart
The SPY has pulled back to the 50-SMA and support, which means nothing unless there is bullish price action with following through. The T-Line is still above itself for the past 20 days, but the 34-SMA is below the 50-SMA.
DIA’s are still below the 50-SMA and trapped inside the chart pattern. The 34-SMA is below the 50-SMA, and the T-Line is below the 34-EMA…Somebody needs to wake the bulls up.
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
The VXX short-term futures
VXX closed back above the 200-SMA, it’s trying
Rick’s Swing Trade Ideas Reserved for Subscribing Members
30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual
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.
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