Charts Have Been Mean And Green
Wow, what a great week this has been, the charts have been mean and GREEN, and we love GREEN. Hey, thanks to all the members for posting and sharing the great charts. I see the morning futures are a looking a bit weak this morning, let’s keep our eye on the ball and the trend, using a couple of support and resistant lines can make all the difference in the world.
The DC politics is something I dislike, but we have to keep our eyes and ears open on whats going on and trade the charts based on the charts, not hopes and dreams.
►NewsFrom Our Team
Trader Vission 2020.2 is nearly ready to be launched; the testers have been testing it for about two months now. We are extremely confident that Trader Vission is a must-have tool for the trader that wants the next level of success.
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►Sample • Members Recent Big Winners
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► Eyes On The Market
In the past 11 bars, the SPY has gone from below the Lower T-Line and with a Bullish Morning Star price ran nearly 3.8%. All of our moving trend lines are still bullish. Price has gotten a bit overzealous and extended. I believe we are very close to seeing a little correction or at least price needs to be taken down a notch or two.
Rick’s trade ideas for the day – MEMBERS ONLY
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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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