Same Old Tight Channel It’s Been In The Past Eight Day
Yesterday was a great day for swing traders, just a boring day for the market. The SPY stayed in the same old tight channel it’s been in the past eight days. The T-Line has caught up with price and price did close over the upper T-Line band. The DIA’s and the QQQ’s also closed over the upper band. The IWM was not a player and closed below the lower band. My eyes will be on the SPY and price to see how it reacts to the job numbers today.
FREE Trade Idea – None Today
Fridays are a good to take a few profits and close out a few dogs. And to reflect on your trading. What went right and what didn’t, and why. Friday’s are also a good day focus more on education rather than trading. – Just Saying
Charts To Study – WUBA
WUBA- Has run 35% after we recommend it for your watch list. Not only could it have been bought and held using our Volatility Stop indicator, but also the T-Line Bands and it was a Rounded Bottom Breakout!!!!
Members Swing Trade Ideas
We post to HRC members 10-15 swing trade ideas each day and post them in the member’s area of the website.
10-15 trade ideas below – for members only
What is a Trade Idea Watch List?
A trade idea watch list is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 30 days for example.
From that watch-list, we wait until price action meets our conditions for a trade.
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is not financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service
Campbell or this website is not financial or trading advice. All information is intended for Educational Purposes Only.
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