Price Above T-Line

The SPY gapped over our Green T-Band Line and held pretty well yesterday on its way to challenge the $287 area providing the bulls can get another run put together. The 50-SMA has crossed over the 200-SMA (Golden Cross) and may put the fire back in the belly of the SPY. Price action has also put together a Bullish Inverted Head and Shoulders the past 6-7 months. The black and red dotted T-Line can provide traders with a clear path to whether the buyers or sellers are in control, if your in the trade should you be out or should you be buying. The SPY T-Line has flipped from red to green, now practice patience for the entry set up. If you need help with the T-Line, please let us know. Hi, this is Rick Saddler, the creator of the T-Line. Tonight Tuesday, April 2, 2019, is our member's get together a webinar, and I will be sharing a few T-Line tricks with you.

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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. Read More

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