Mostly Winning Trades

This past week I have seen mostly winning trades come out of the trading room with only a few losses, but one thing is for sure the trading has slowed because of the market. For the most part, the SPY has been unsure of its self but held the -Line, the QQQ’s didn’t like being above the T-Line so had to test what it was like below (now back above), IWM and the DIA’s liked being above the T-Line and stayed. IYT felt like the king of the hill held proud above the T-Line the entire week and last week too. Leading sectors above the T-Line this week has been, (SX100 Industrials) (SX60 Healthcare) (SX20 Consumer Cyclical) (SX50 Consumer Defensive)Tax bill, Employment numbers, Fed Rate Increase are just to name a few issues that could change the course of the charts.

►Sample • Members Recent Big Winners

BEND 25.55% • DEPO 46.14% • EYES 19.12% • TLRD 63.96% • X 27.96% • 21.5 • VIAB 13.35%

►News From Our Team

Trader Vision 20/20 – I have downloaded the newest version this morning, and the word is to give it a spin. We are very excited that Trader Vision 20/20 is just days from being launched. What is one thing the top traders do? They plan their trades and trade their plan. Trader Vision 20/20 is perfect for planning your trade.

Before Christmas is announcing a way that most (not all) will be able to cut their membership cost by 50-100% – I am currently using this product and love it. By the way, there is NO COST TO YOU

► Eyes On The Market

On the daily chart, the buyers have kept the closing price above the T-Line, this suggests the bulls still control the trend, and the bears are just grazing a little. After all, the bear needs to eat too. A close below $262.15 will put a strain on the trend that the buyer may not like. The VIX settled down a bit yesterday closing back below the Lower T-Line Band; this is good for the bulls.

Rick’s trade ideas for the day – MEMBERS ONLY

30-Day Trial • Monthly • Quarterly • Semi-Annual • Annual

Investing and Trading involves 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.