Spotlight Chart- CC
Still in play- Currently Plus 50.66%
Members Trade Idea – January 11
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Today’s featured trade idea – ITCI
Set Up – RBB Pattern, Morning Star
Potential Swing profit – 10 – 40%
From a bull’s eye SPY:
At the close yesterday the market seemed to be very happy with a1/4% hike and a couple more increases this year. The most important thing here I can stress is to keep your eyes on price (CANDLESTICK SIGNALS) for clues. From the February breakout to the close yesterday the SPY has formed a nice run and now working on what could be a bullish J-Hook continuation pattern. Our $238.25 bullish line was breached in a bullish way.
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