SPY holds T-Line Band

The SPY’s Evening Star is still present as well as the QQQ’s, DIA’s and IWM. The SPY’s low yesterday was $277.48 or the Lower T-Line Band, yesterday’s low was also the 3rd lower low in a row and the 3rd lower high. The three lower lows and lower highs is a sign the sellers have more control than the buyers. However as of yesterday, not enough control to push price below the T-Line Band bullish area. $281.00 remains strong resistance but not impossible to break out. The bulls have truly been amazing. If this week’s price can hold it’s low above $276.35, it will mark the 10th week in a row of higher lows. We are still cautiously bullish, bullish because of the trend and cautious because of the $301.00 resistance.

The Month of February is coming to an end, and I would like to thank all the members for there post and comments. It is so great to read your post when you enter and exit a trade and your wins and losses, thank you. The Road To Wealth account will end the month of February with about a 15% increase or about $3,400.00.

Hit and Run Candlesticks News

Yesterday we closed another 20% from out IWM PUTS which brings the "Road to Wealth" account to over 425% increase in 14 months. Possible trade ideas- MRO, IMMU, APA, CLR, OSTK, CHK, NBR. I have opened up two more spots for the “March Road To Wealth Coaching.” Mentoring program. Read More…

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

Follow Through IS Required

The close yesterday produced an Evening Star closing on the upper T-Line channel band. More selling and a close below yesterdays low $278.90 today or tomorrow could put price action on the blue Lower T-Line channel band or about $276.90. If a Red Volatility Stop Dot is created, the pressure on the bulls might make them run for safety about $273.50. A test of the 200 SMA is possible if the buyers don’t put a game together. The T-2122 chart 4Wk New High/Low Ratio saw weakness yesterday below the 80 line, and today we are likely to test the recent low. From the December low to yesterdays high the 23.6 Fib retracement would be $269.80, a nice healthy pullback, the 38.2 line would be at $262.95.

Hit and Run Candlesticks News

Yesterday we closed VXXB for 26% which brings the Road to Wealth account to a 425% increase in 14 months. I have opened up two more spots for the “March Road To Wealth Coaching.” Possible trade ideas- DPZ, ATGE, EA, UNP, PYPL, HAE, EBS, MTAP, SGMS. We will also be moderating the LTA Scanner.

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

4-Hour Chart Evening Star

I often watch the 4-hour chart, and yesterday the SPY 4-hour chart ended the day with an Evening Star closing below the upper T-Line channel Band. The SPY looks to be opening lower today causing a high probability of price testing the Lower T-Line channel Band. A close below $278.50 will likely produce a Red V-Stop, first one in the past 18 days. Note we have not seen a Red V-stop on the daily in the past 41 days, that’s a lot of bullishness with no real rest. Yesterday’s 4-hour Evening Star was produced at the $280.00 resistance line with the 4wk New High/Low Ratio above 80. The VXXB chart closed with a solid piercing candle on the daily chart and a Morning Star signal on the 4-hour chart. Final comments: trend light in this market if the SPY fails the T-Line the $200SMA or $274.50 and $271.20 could be in the cards.

Hit and Run Candlesticks News

Yesterday we closed JNJ for 17% and GE for 80%. We also took on a few new trades CRON, SPY, and VXXB

Trade ideas for the watch list - (Long AG, ECA, AAOI, EXAS, EBIX, VXXB) (Short STZ, GILD)

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

Fishing For The Best Chart Patterns

In this 90-min. video Rick talks about two of his favorite chart patterns to fish with, the T-Line Bounce and the Rounded Bottom Breakout. Also in thes video, Rick talks about the Live Trading Alert Scanner, and how he thinks it's the best hook to have on your fishing vest.

The charts in this video are for educational purposes only. No communication from Hit and Run Candlestick Inc should be considered as financial or trading advice. Past performance does not guarantee future results.


 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

No Tariffs For Now

The tariffs postponed for now, and the pre-market has gapped. Today is Monday 2/25/2019, and the pre-market has gapped over our $280.00 resistance line and looks like it’s hanging on by a thread. As of the Friday’s close the bulls held there ground closing at $279.14 and once again price closed above the T-Line and 17ema the Red/Green line. The big question today is the $300.00 line going to support (the safety net, or will price fall back through? One thing I have learned in my 31 years of trading is that a chart can be overbought and stay overbought for a very long time. While many traders ovoid in an overbought area I have found some of the best and easiest profits are hidden in an overbought condition. If price falls back below $300.00, $279.40 would be the logical first target Good trading and have a wonderful day!

Trading Plan

Remain CAUTIOUS with a few puts locked and loaded, continue to follow the “Road To Wealth” trading plan. 1. Use the Live Trading Alerts Scanner to find trades, 2. Follow the base hit rules, 3. Only enter a position if the conditions are right for entry risk and profit rewards.

Sure glad we bought GE, this morning GE is gaping up. We will be able to take a few profits and start the week off right. Thank you Live Trading Alert Scanner for the alert last week.

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

Ya Baby, It’s Friday

Ya baby, it’s Friday, and it’s payday at our house. For years I have used Fridays as a day to close out a few winners and losers, so I don’t have to worry and sleep so much over the weekend. And with the trade talks (turmoil) and the SPY so close to resistance this is the perfect Friday payday. With that said the bulls held us above the T-Line yesterday proving (for now) the buyers outnumber the sellers. The VIX did start to show a little fear yesterday but did not close over the current downtrend. The 4wk new High/Low Ratio chart is way overbought and cracked just a little yesterday. Did you know that being a trader you control how you manage your portfolio, risk, reward, paydays? So enjoy your weekend by taking control.

Trading Plan

Remain CAUTIOUS with a few puts locked and loaded, continue to follow the “Road To Wealth” trading plan. 1. Use the Live Trading Alerts Scanner to find trades, 2. Follow the base hit rules, 3. Only enter a position if the conditions are right for entry risk and profit rewards.

💖 Live Trading Alert Scanner

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

SPY Flashing Caution

The SPY is flashing caution yet eeked out another positive day yesterday as price tiptoes to the $280.00ish resistance line. On the weekly chart, the past 7 bars have closed over the T-Line with one PBO back to the T-Line and one Doji Continuation pattern that has pushed the price into the resistance area. The battle between the Bulls and the Bears is interesting at the $280.00ish level because the Bears have a possible Head and Shoulders on their side and the Bulls have the Inverted Head and Shoulders they have been working with and the recent Bullish run. Problem: As the battle begins to heat up we have found the weaker traders tend to be the biggest losers. Solution: Sit on the sidelines for a few days or have fewer positions and less invested in those positions. And be tougher with stops.

Trading Plan

Remain CAUTIOUS with a few puts locked and loaded, continue to follow the “Road To Wealth” trading plan. 1. Use the Live Trading Alerts Scanner to find trades, 2. Follow the base hit rules, 3. Only enter a position if the conditions are right for entry risk and profit rewards.

👉 9 stocks we are adding to our trade watch list: AA, EA, FB, FIT, MO, SLB, VLO, VXXB, WYNN - Prober conditions must be met befor a trade is entered. Past performance does  not guarantee future results

💖 Live Trading Alert Scanner

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

2/20/2019 Cautiously Bullish

The SPY closed slightly off its highs yesterday and so far has dipped lower premarket today (2/20/2019). While the bulls have made a fantastic 8 ½ week run the toughest challenge may lie around the $280.00 area. The T-line and the Red/Green line continued to support the candlestick price action and the price action yesterday and this past week still suggests the bulls have the upper hand. On the flip side the $280.00 resistance, price action being overbought, TC2000 T2122 (4wk New High/Low Ratio) once again pegged to the ceiling and being up 8 ½ weeks without a meaningful bullish pull back and test. We remain bullish but back to CAUTIOUSLY bullish. Selling into strength and base hits is a key factor in our success.

👉 8 stocks we are adding to our trade watch list: OSTK, AKS, GG, BABA, HUN, PG, BBT, SC

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

The SPY Remains Bullish

The SPY remains bullish with trade negotiations progressing, as you know the market does not like uncertainty. Resolving the trade war would put the market at ease when it comes to the trade war. The SPY has now broken out of the 200-SMA with the following trend. If you follow our Red/Green Trendicator, we have had 36 green dots and ZERO Red dots. Trading price action in a trend is so cool and profitable. If you are a T-Line follower price action has closed above the T-Line the last 30-days in a row. We will remain bullish as long as price action leads the T-Line and the Red/Green Line. If you would like to learn more about price action, the T-Line and the Red/Green Line check us out for a month and get a 30% discount. ✅

👉 8 stocks we are adding to our trade watch list: PANW, GS, JNJ, WYNN, HIIQ, CAG, ERX, UXIN

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our trading room #4. Warning the LTA- Live Trading Alert software is a game changer, alerts for candlesticks, candlesticks patterns, western patterns, price action, tends, bullish and bearish.

Rick's Favorite Charting Software

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

Bulls Are Doing Their Job

The SPY closed above the February high yesterday giving the bull another shot of Adrenalin to climb the wall if worry. The continuation pattern coming off the Red/Green Trendicator seems in good shape. The Red/Green is trending and the T-Line is trending above, when the engine runs it runs well. The next challenge for the bulls should be around $278.15 and a close below $270.00 good give the bear a little hope. The VIX-X chart is showing no fear hiding out under the Red/Green trend. We are still on vacation in Alaska, I have lived most of my life and it still amazes me.

Here are 4 stocks I am interested in, I will be looking for bullish follow through and positive trading. SNAP, AA, STZ, JUJ

Rick Favorite Charting Software

Live Trading Alerts News

✅Live Trading Alerts - 100 plus alerts/scans to choose from

Two new auto scans have been added to the LTA-Live Trading Alerts Scanner; the Bull -Fig Newton pattern and the Bear- Oreo Pattern. With over 100 built-in scans my favorite bullish scans are the Pop Out of The Box, The RBB, The 3x8 Trap, The Fig Newton. If you need set with the scanner set up or adding scans just let us know. Each day (Market hours) we provide Free Scanner coaching in our training room.

No password required - Join in we love to help.


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

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