Fridays are a great day to count your money and head to the Beach House. Yesterday. The SPY had a little late day action closing off it’s low and still within the chop zone of the T-Line Bands. Note the Bull or Bear story is told once the price has broken one way or the other and confirmed. I hear this morning that China is upon trade news, this could be positive for the marker or is it already baked in the charts? We closed our (T) for a nice little base hit yesterday, still holding (KO) for 16% and XOP for 12%. Yesterday we had six trade ideas for consideration and today they all 6 look great! You can find them in a yesterdays blog post.
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Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns.
✅ Trade-Ideas for consideration: It’s Friday no trade ideas, have a fantastic weekend
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