Crazy Futures This Morning

Crazy futures this morning, keep your wits about you. Friday the SPY gapped down and recovered a bit but not above its current downtrend line. In the recent 5 bars of trading, the SPY has posted four lower lows, and five lower highs, Both Thursday and Friday price closed below all our T-Line Bands. The 4-Hour chart (shown top left) shows the possible 4-Hour Blue Ice Failure. The late February and early March top printed bearish clues that produce follow-through, to turn price back bullish we need to see bullish clues and price showing strength above the red downtrend line and the 4-Hour 50-SMA. Tuesday night Webinar, March 12, 2019, @ 8:00 pm Eastern Trading Room #4 we will be talking more about the Blue Ice Failure. There is no question that there will be good bullish trades. We have to remember that probabilities matter and we want the best probabilities on our side. 80-85% of stocks follow the SP-500.

The Times IS Now

Hit and Run Candlesticks News

Trade-Ideas for the next week or so: AU, BB, PCG, PM, WDAY, BBY, LGIH. Some of these are long and some are short.

Trading rooms and Services include: Hit and Run CandlesticksRight Way OptionsTop Gun Day Trading

Live Trading Alerts News

Testimonial

Took 20% on WIX puts! Thank you LTA- Live Trading Alerts

Jerry G.

Testimonial

I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!

Coach B.

Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify.  ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.)  ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Short and PUT Profits

Happy Friday traders, hope you have fun plans this weekend after your short and put profits the last few days! The SPY is now below all the T-Line Bands which is a major warning sign. The 34-EMA, Dotted Deuce Line and the 50-SMA are below price and may help to soften the pull back a bit. The Evening Star and the Bearish Engulf clues are seeing follow through and will stay that way until the Bull Rises. A couple of short term targets I see for the sellers are $270.35 and $267.25 with one or two minor relief rallies along the way. Note the Weekly chart on the SPY is printing an Evening Star clue that could lead to the 50% retracement of $262.75. The bottom line is that the sellers have taken a bit and will continue to bit until the bull has had enough; the chart will tell the story. Have a great weekend fiends

The Times IS Now

Hit and Run Candlesticks News

Did you know we have a Options and a Day Trading Room?

Live Trading Alerts News

Testimonial

Took 20% on WIX puts! Thank you LTA- Live Trading Alerts

Jerry G.

Testimonial

I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!

Coach B.

Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify.  ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.)  ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Chop Chop Chop

Although price closed above our Lower T-Line Channel Band, the price action is testing its ability to hold onto a bullish rating. In the past eight days, the SPY has printed a few candles that suggest the bulls need a restful pullback, but the bears don’t seem to have enough growl to push them over. This type of price action is hard on most trades because there is not a defined trend, (chop chop chop). Our 4-hour chart shows that price has crossed into bear territory and targets are in the $272.75 and $268.10 areas. For the Bulls to get the game back, they need to capture the $279.25 flag.

The Times IS Now

Hit and Run Candlesticks News

My #1 trading tool LTA-Live Trading Alert Scanner alerted us on (IWM) as it was just starting to breakdown below the T-Band channel, The IWM PUTS closed up yesterday 17.3 The February Road To Wealth Account statement has been posted to the website. Trade-Ideas for the next week or so: CSCO, BBY, WDAY, AXP, PM, ADP, CC, WYNN, ADSK, LGIH, XOM. Some of these are long and some are short.

Live Trading Alerts News

Testimonial

I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!

Coach B.

Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify.  ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.)  ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Holding Our T-Line Channel

The sellers (Bears) have been stopping the buyers (Bulls) in there tracks. The only thing the Bulls have done is to hold price within the Bullish T-Line channels, that is good but will it be enough? The bears have carved out and Bearish Evening Star and a Bearish Engulf and both are still active. If the sellers can force the bulls to close below $276.30, $272.40 and $266.95 could get tested. Over $280.50 the buyers will have a chance to be bulls. I have had reports of many people having trouble in the past few days. Remember to know your limits, what you can trade and what you can not trade. LOL, the market never stays the same for very long. Yesterday The LTA Scanner alerted us on (CRON) as it was just starting to work on the T-Line Bounce and the T-Line Band Scan. Yes we took advantage, and it has been worth 26.6% so far paying for the scanner four times over

Hit and Run Candlesticks News

Yesterday The LTA Scanner alerted us on (CRON) as it was just starting to work on the T-Line Bounce and the T-Line Band Scan. Yes, we took advantage, and it has been worth 26.6% so far paying for the scanner four times over in one trade. The Road To Wealth Account loves the Scanner. Trade-Ideas for the next week or so: ACB, CRON, FB, SQ, NBR, X, AER, TOL, CME, CIEN

Live Trading Alerts News

Testimonial

I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!

Coach B.

Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify.  ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.)  ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

The SPY And The Wall

This $281.50 area on the SPY is proving to quite the wall for the SPY, three times last year and two times this year. The T2122 chart (4wk New High/Low Ratio) is breaking down from its overbought area now trending toward the oversold area.  The SPY chart is a bit puzzling right now, The Bears produced a Bearish Engulf yesterday and a Bearish Evening Star a week ago, the Bulls have held the trend in a fairly tight range. There are many things I have learned in my 31-years of trading; one is to know my risk limits. Yesterday we made two great trades with VXXB and SPY puts then went to 100% cash. Until Mr. Market gives a better clue, I will plan to sit mostly on the sidelines with only a few trades here and there. A close over $280.50 the bulls have a chance, under not so much.

Hit and Run Candlesticks News

🎯 The “Road to Wealth” account to over 400% in the past 14 months and plan to double 2018 profits. 🎁Yesterday we had great profits on VXXB and SPY puts, took a few losses as well.

✅ Today I will be using the Live Trading Alerts Scanner for trade ideas. We need to see what is setting up both up and down. One spot available for the “Road To Wealth Coaching.” Mentoring program. Read More…

Live Trading Alerts News

Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify.  ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.)  ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Monday Morning Wall of Worry

The SPY wall of worry comes through again. I do think every trader is concerned about the resistance line that is drawn across 10/17/18 – 11/7/19 and 12/3/19 and rightly so. On the other hand, the same traders are seeing the bulls hold it together with a bullish trend starting in late December with a weekly chart showing Ten weeks of new higher lows, (crazy and amazing). Put those two scenarios together, and you have the perfect wall of worry. Remember that price is king and price builds trends. The VIX-X chart is showing no fear in the market and remains pushed down below our Red/Green line closing Friday at $13.57. A  VIX-X close over $16.20 would certainly get the attention of the market. We will be starting Monday cautiously bullish, taking profits into strength or base hits.

Hit and Run Candlesticks News

The start of another week of trading and we are excited! The “Road to Wealth” account to over 400% in the past 14 months and are planes are to double 2018 profits. Possible trade ideas- OSTK, KMI, BMY, MRO, WDC, FDC, BBT, NVDA, JNJ, AAPL. Two spots available for the “March Road To Wealth Coaching.” Mentoring program. Read More…


Live Trading Alerts News

✅Live Trading Alerts – 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3×8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

#1 Traders Edge

The chart in a yesterdays blog post I had drawn two red lines, one at Monday’s high (Resistance) and one at Wednesday’s low (Support). Yesterday printed a higher low Doji within our T-Line Bands that formed the early stage of a Bullish Continuation pattern. Bullish followthrough over Monday’s high $281.31 would suggest the Bulls may be ready to challenge the $286 area. Now for the Bearish scenario – Price closes below the $277.48 support line would suggest price may be headed back to the 200-SMA. The Live Trading Alerts Scanner can and does help

It’s the first of the month, and we will start new student training on the (LTA) Live Trading Alerts. Live Trading Alerts is by far the best trading software for signaling you when stocks ready to breakout or breakdown. With a steady flow of market data, the LTA Scanner pinpoints chart patterns, candlesticks signals, and patterns, trends. The (LTA) Live Trading Alerts Scanner the trader’s edge.

Road To Wealth’s #1 Trading Tool. Year to-date total account profits of 215% could not have been achieved without the Live Trading Alerts Scanner
  • Searches for the setups
  • Creates scans for setups instead of a useless list
  • You can create your own Alert Strategies
  • Know when any of your positions are breaking down
  • Identify unusual volume flows
  • Find patterns and signals on Intraday and Daily time frames
  • Find the breakouts and breakdowns before the crowd

We also provide free set up • Try it for a month

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

SPY holds T-Line Band

The SPY’s Evening Star is still present as well as the QQQ’s, DIA’s and IWM. The SPY’s low yesterday was $277.48 or the Lower T-Line Band, yesterday’s low was also the 3rd lower low in a row and the 3rd lower high. The three lower lows and lower highs is a sign the sellers have more control than the buyers. However as of yesterday, not enough control to push price below the T-Line Band bullish area. $281.00 remains strong resistance but not impossible to break out. The bulls have truly been amazing. If this week’s price can hold it’s low above $276.35, it will mark the 10th week in a row of higher lows. We are still cautiously bullish, bullish because of the trend and cautious because of the $301.00 resistance.

The Month of February is coming to an end, and I would like to thank all the members for there post and comments. It is so great to read your post when you enter and exit a trade and your wins and losses, thank you. The Road To Wealth account will end the month of February with about a 15% increase or about $3,400.00.

Hit and Run Candlesticks News

Yesterday we closed another 20% from out IWM PUTS which brings the “Road to Wealth” account to over 425% increase in 14 months. Possible trade ideas- MRO, IMMU, APA, CLR, OSTK, CHK, NBR. I have opened up two more spots for the “March Road To Wealth Coaching.” Mentoring program. Read More…

Live Trading Alerts News

✅Live Trading Alerts – 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3×8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Follow Through IS Required

The close yesterday produced an Evening Star closing on the upper T-Line channel band. More selling and a close below yesterdays low $278.90 today or tomorrow could put price action on the blue Lower T-Line channel band or about $276.90. If a Red Volatility Stop Dot is created, the pressure on the bulls might make them run for safety about $273.50. A test of the 200 SMA is possible if the buyers don’t put a game together. The T-2122 chart 4Wk New High/Low Ratio saw weakness yesterday below the 80 line, and today we are likely to test the recent low. From the December low to yesterdays high the 23.6 Fib retracement would be $269.80, a nice healthy pullback, the 38.2 line would be at $262.95.

Hit and Run Candlesticks News

Yesterday we closed VXXB for 26% which brings the Road to Wealth account to a 425% increase in 14 months. I have opened up two more spots for the “March Road To Wealth Coaching.” Possible trade ideas- DPZ, ATGE, EA, UNP, PYPL, HAE, EBS, MTAP, SGMS. We will also be moderating the LTA Scanner.

Live Trading Alerts News

✅Live Trading Alerts – 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3×8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

4-Hour Chart Evening Star

I often watch the 4-hour chart, and yesterday the SPY 4-hour chart ended the day with an Evening Star closing below the upper T-Line channel Band. The SPY looks to be opening lower today causing a high probability of price testing the Lower T-Line channel Band. A close below $278.50 will likely produce a Red V-Stop, first one in the past 18 days. Note we have not seen a Red V-stop on the daily in the past 41 days, that’s a lot of bullishness with no real rest. Yesterday’s 4-hour Evening Star was produced at the $280.00 resistance line with the 4wk New High/Low Ratio above 80. The VXXB chart closed with a solid piercing candle on the daily chart and a Morning Star signal on the 4-hour chart. Final comments: trend light in this market if the SPY fails the T-Line the $200SMA or $274.50 and $271.20 could be in the cards.

Hit and Run Candlesticks News

Yesterday we closed JNJ for 17% and GE for 80%. We also took on a few new trades CRON, SPY, and VXXB

Trade ideas for the watch list – (Long AG, ECA, AAOI, EXAS, EBIX, VXXB) (Short STZ, GILD)

Live Trading Alerts News

✅Live Trading Alerts – 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3×8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick’s Favorite Charting Software

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

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