SPY Below Yeterdays Low

Follow-through below yesterdays low could lead price back to test the $254.55 / $252.85 area. The past four days the buyers have been able to string together four new highs and four new lows, however, the $258.00 area is proving to be more of a task then the buyers anticipated with the narrowing of the range. Follow-through below yesterdays low could lead price back to test the $254.55 / $252.85 area. The $258.00 resistance line is what we have talked about the last few days is also where the 60-min. 200-SMA has camped out.

VIX–X Chart – The VIX chart tested our $ 19.70 line with an Inverted Hammer with nine new lows out of ten candles. An oversold bounce seems to be logical within the next day or two. Side note: The T2122 4wk New High/Low Ratio chart is pegged in the overbought area.

HRC Watch list additions –  CGC, KL, ROKU, TNDM, FB, PHYS, GE. We cover the details of these trade ideas and others in the trading room throughout the day. We hope you join us to learn the trade details and how we plan to trade our trades.
Past performance does not guarantee future.


https://hitandruncandlesticks.com/trading-results/

Hit and Run Candlesticks Join Rick Daily in trading room #1 membership required. Join in, ask questions and learn how Rick picks his trades and trades them. 2018 account + 307% starting with only $5,100. Become a member of Hit and Run Candlesticks and let’s bring on 2019
Read More

2 Hours Private coaching – Read More


https://hitandruncandlesticks.com/right-way-options/

Right Way Options Room UpdateThe RWO trading room is now open all day to share ideas and watchlist suggestions. Watch and learn from Doug as he prepares and explains his trades. Learn More about Right Way Options – Read More 

2 Hours Private coaching – Read More


https://hitandruncandlesticks.com/top-gun-trading/

Top Gun Day Trading Room is for the active day/scalp trader looking to profit daily with no overnight risk. Daily trade alerts and trading education. Read More

2 Hours Private coaching – Read More


Road To Wealth Coaching With Rick Saddler

Road To Wealth Coaching Looking for extended coaching? Serious out trading? Work with Rick Saddler on a daily basis. Read More

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Comments are closed.