Employment Numbers and Tweets
Today’s employment numbers and tweets from any knuckleheads could keep this market volatile, stay sharp and trader your trade! Fridays we typically don’t’ post trades ideas to aid in slowing the rush down a little. Fridays are a great day to bank profits that you have not yet banked, clean your desktop and your computer’s desktop.
Special note: Thank you for attending our workshop last light, I was a pleasure to share my account statement and teach you how I doubled a trading account in 2 months. I look forward to us back together again in a few weeks.
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
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 • Yesterday’s Doji
The SPY gaped and left us with a Doji perfectly at the front door of our $266.00 line. It now up to Friday’s team to put the Doji to work. The next order of business for the buyers is to close price above $266.00 and use the $266.00 area as support. The move from the $266.00 line should get us to the 50-SMA. If the buyers can not do their job and they fail to build support over $266.00 then it is likely the sellers will force a test of $261.80, below $261.80 would put us back below the T-Line. (Not Good)
VXX Closed below the T-Line yesterday, falling from the Bearish Engulf the day before. Above $51.25 the fear and volatility come back, below the T-Line the market stays somewhat calm.
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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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