S&P500 Closing at A New High free swing trade ideas

S&P500 Closing at A New High

(SPY) –  The Trend is your friend is a common trader catchphrase, and with the S&P500 closing at a new high the trend is your defiantly friend. With price rising above the T-Line and above the upper T-Line Band, power is in the buyer’s favor for now. Looking at 3-day chart on the SPY it shows a double bottom Morning Star mid-April followed by a Bullish Harami with follow through. We would be concerned if the SPY fell below $239.00

 

Free Trade Idea – SPWR

Free Trade Idea - SPWRSPWR printed a Bullish Cradle pattern early April and had been trending up ever since. Price has now closed back above the 200-SMA. SPWR could be searching for a path to about $14.00. The 2 and 3-day charts are RBB chart patterns. Set your trading plan, you do not have a trading plan – If you need or need help with a trading plan, we are here to help.

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Did You Get Your Share of The 77.65%?

EXTR closed yesterday up 77.65% from the January 9th post we made to our subscribers. Take a look at the Bullish T-Line Run on the 3-Day Chart.  Did you get your slice of the pie?

500 shares of EXTR was worth $2050 yesterday – Learn the T-Line from the creator of the T-Line.

Planned Membership Topics For The Summer Months

  1. How to find the money charts
  2. How to enter the money charts
  3. How to protect for money with low risk
  4. How to manage the trade
  5. How to create profits every week
  6. The RBB pattern
  7. The Pop Out of The Box Pattern
  8. Using Volatility Stops for more profits.
  9. Continuation patterns
  10. Trends
  11. Support and Resistance
  12. Planning a trade for success
  13. Understanding Price Action
  14. Recorded for you to keep
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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 15 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.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advise to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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