Overall the market is in a state of rest (Lazy)

From a Bull’s Eye

As of yesterday’s close – Overall the market is in a state of rest or lazy some might say because of the lack of a bullish or bearish direction. One thing I am sure of is that will change.

Daily – Price has been able to keep the T-Line above the 34-ema, and 50-sma still trends upward. But we must acknowledge the three lower highs.

Hourly chart – As we talked about in the trading room yesterday, chart changes start with early time frames, and the hourly is working on a Red Ice Failure with the 200-sma, and the Dotted Deuce is below the 200-sma as well. Price is toying with the Dotted Deuce on the 2-hour chart which can result in a test of the 200-sma

FREE Trade Idea – CERN

Daily Chart – The LH/Hr’er Low pattern breakout after a month-long pullback that closed back into the 23.6 retracement area. The 2,3,4,5-day charts are in the early stage of a J-Hook continuation pattern.

Today we have 9 more members trade ideas located on the members trade ideas page.

Spotlight Trade – RH

RH – Closed higher yesterday pushing the gain to 50.72%. The trade started with a Bull Kicker that broke above the T-Line, then challenged the 200-sma with success. And as of yesterday’s close, RH has 28-day T-Line Run.
RH – Was published for the HRC members on March 3, 2017. Typically we publish 10-15 trade ideas for the members each day.

Bullish Kicker Pattern

To identify a Bullish Kicker candlestick pattern, look for the following criteria:

First, the first candle needs to be a black or bearish candlestick. Second, the second candle (which is white or bullish) must open above the close of the first candle, forming a gap. Third, the movement of the price during the formation of the second candlestick should never drop into the gap formed between the first and second candle. As you might have guessed, this means that there is rarely a bottom wick on the second candlestick. Read More.

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks or it's associates should be considered as financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service

Members Trade Ideas Below

Members trade ideas below, reserved for subscribed members

Scanned from Tc2000  |  10-15 trade ideas daily

© 2007 - 2017 Hit & Run Candlesticks - Right Way Options - Strategic Swing Trade Service - Trader Vision - All Rights Reserved. Terms of Service Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Rick Saddler, Doug Campbell or this website should be considered as financial or trading advice. All information is intended for Educational Purposes Only.