MTSI Bullish “W” Pattern Solid Base

MTSI has run from a solid base with a Bullish “W” pattern. MTSI gapped out out a bullish “w” pattern into an (RBB) Rounded Bottom Breakout pattern/strategy then ran to the Dotted Deuce. With 22% to the RBB target area on the daily chart and about 34% to the Dotted Deuce on the 2-day chart. MTSI is being put on out Hot list along with ten other for members.

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SPY • Bulls Have The Ball

The Bulls have the ball, and they are acting as if they plan to take across the $280.40 line. Price action has been bullish; the trend looks in good shape with higher lows and higher highs. Unless there is some political unrest or a freaking tweetfest, we should be in good shape. If the sellers take the ball and push the price below $274.80 and the T-Line the 34-EMA would likely see a test.

VXX – (Not much change) The Red, the White and Blue indicator is signaling there is no fear in the VXX chart. Price is in a T-Line run down. The hourly chart is starting show activity; It might be a good idea to keep an eye this thing.

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it's a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. -Jonathan Bolnick

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Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone.

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