SPY Challenge 50-SMA?

SPY, to challenge the 50-SMA on SPY? The slow grind wall of worry is working slowly but surely. Price action seems determined to challenge the 50-SMA after the December low followed by a High/Low – Higher/high and a successful challenge of the 34-EMA. Yesterday markered the 5th green bullish bar based on our 17-EMA red-green tracking line. Yesterdays Bullish Morning star is suggesting the buyers want to challenge the 50-SMA. At $258.00 the SPY entered a resistance minefield for the bulls to navigate.

VIX--X Chart – The price action trend is still down and no fear as of yet. Stay on your toes.

HRC Watch list additions -  CHK, WLL, FTNT, ROKU, BDX, EBAY, SQ, MS. We cover the trade details each morning starting at 9:10 am Eastern in the HRC trading room and throughout the day. The key to trading is understanding how to trade. A trade alert means nothing without the education.
Past performance does not guarantee future.

Real-Time Market Scanner

LTA Live Trading Alert Image

Built-In (Included) Scan Definitions. Bullish and bearish, Continuation, moving average crossovers and bounces. (RBB) Rounded Bottom Breakout alerts, intra-day, daily and weekly, Candlesticks stick signals and more. Scan Definitions- Download FREE

The LTA - Live Trading Alert Program is software that runs independently of any charting programs, an in real time finds chart setups. Hi, this is Rick Saddler founder of Hit and Run Candlesticks, as you know I have been using a live scan most of my trading career. It wasn't until after I started to use the scanner that I became successful. Some people even say I am one of the best directional swing traders they have ever seen, that just not true; it's because of the Live Scanner and what it does for me. It would be very hard for me to give up the scanner and believe every trader that wants to succeed needs to consider this tool.

You can get then scanner for a 30-day trial, but please keep it for at least 6-months to give it and you a chance. Below are a few scans it currently can run and we can customize scans for you! 30-Day Trial

LTA - Live Trading Alerts Scanner 30-Day Trial Comes with Live Coaching


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

2 Hours Private coaching - Read More

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


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.

Skip to toolbar