We bought Roku a few days ago after the LTA scanner popped an alert yesterday we are up 21.1% What would you expect from the #1 Live Alert scanning tool in the World. I would be more than happy to teach how I use the LTA Stanner. Watch for a 4-hour clinic, coming soon.
The SPY closed a bit higher than the day before but not over the 50-SMA and the $290.98 line we talked about yesterday. Price action has not pushed through the T-Line Bands, and the V-Stop Dots are red. The VXX still does not show much fear on the daily chart other then it is set up with a low high and higher low all it needs is a reason, the conditions are in place. The player, SPY, DIA, QQQ, IWM, SMA, IYT already have 50-pounds of moving averages on top of them.
Acton Plan, Trade Toughts To Today
- Manage the trades I am in
- Don’t trade the first 30-min of the market, unless it is for a chart I already own
- Trade smaller, less capital in a position
- Fewer positions
- Longer lunch (LOL)
- Trade strong, stable charts, not one-day wonders
- Trade with the trend of the chart
- Play with base hits
- Stops, always have a stop plan
We are adding the following trade ideas to our watch-list. Be sure to check earnings dates. FAS, ERX, AMJ, XHB, PAYX, NWL, CNC, HES, Trend, Protective Stops, Base hits.
We use 2 of The Worlds Best Trading Tools, TC2000 for charting, LTA-Live Trading Alerts for real-time price action, candle and candle patterns, and western patterns. The right tools for the right job.👍
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