MMM Earnings Spanking DIA’s

Pre-market earnings on MMM giving the market a little spanking. It Looks like the DIA’s will be testing around the T-Line today after closing bullishly above the T-Line for the past 8-days. VXXB closed yesterday with a Bullish Morning Star pattern suggesting the nervous traders are getting a bit more nervous, and the FANG ETF chart is whipping around this morning. The SPY seems to be holding up in the Pre-market, but it’s early as I write this blog. It’s looking like today will test the confidence of many traders, having a solid risk plan on each position held will help to keep calm and focused. The close yesterday suggested the market was in for a little profit taking today, even with minor (emphasis on minor) profit taking the SPY and the overall market is still trending. The Live Trading Alerts Scanner will be very helpful today with charts alerting Bullish or Bearish Action.

Hit and Run Candlesticks trade Ideas for consideration: TXN, PLUG, FDX, DG, ANF, AMAT, PCG, VXXB

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