Price action tested by both the buyers and the sellers, use extreme caution. Friday the SPY closed below the lower MegaPhone line (Bearish clue) and above our Red Green Line (Bullish clue). With the political trash, today’s market should be pretty screwed up. The DIA’s have posted three lower highs (Bearish clue), Friday the DIA’s closed below the Red Green line (Bearish clue) and above the March low (Consolidation clue). IWM closed below the RED Green line (Bearish clue) and below the March low (Bearish clue). The QQQ’s are in a Bullish trend, and Friday’s candle suggests a lower low today. As I said screwed up! Sure glad we follower our Friday rule and closed a few positions to be lighter going into the weekend. As I approach the trading week, it will be with extreme caution, a few longs and shorts always remembering that cash is a position if the market gets too unruly. Something to always remember being a swing trader is that you don’t have to trade every day and sitting in cash for a day or two is ok.
The LTA scanner proved it’s value helping with producing and capture profits.
HRC/RWO Team News
✅ Member LTA Live Scanner Discount Code: Can be found on the member’s login page down toward the bottom. BIG SAVINGS
✅ Trade-Ideas for considerations: T, BIG, XRAY, AMAT, ROKU, SPLK, NKE, W
✅ 50% Discount Available: Hit and Run Candlesticks • Right Way Options • Use Promo Code: SAVE50
Live Trading Alerts News
Testimonial
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
Free YouTube Education • Subscription Plans • Private 2-Hour Coaching
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Comments are closed.