FOCUS: Stocks/Options Tuesday 8/13/2019; The recent volatility is likely to continue unless the China trade war can be solved. A few other problems are Iranian aggression, North Koreas missile firing and slowing global growth.

(SPY) Yesterday we closed below our $288.90 line shown to Hit and Run Candlesticks members. With a close below $288.90, I now see a path to $285.10 in the coming days with the possibility of a one or two-day relief rally which would set up a short trade. The loss of $285.10 would set a test up for the August lows ultimately price searching out $279.00 which is the 200-SMA on the daily chart

On the bright side, there is always the unlikely possibility of a bull run, under $273.75 the bulls are underwater with rocks in their pockets. At this time, over $293.75 would put the price back in the bands and bullish pattern position.

The VIX-X CBOE Market Volatility Index popped from Fridays Doji up over 17% closing near resistance. Over $21.85 should challenge the recent highs and below $17.85 would suggest the fear is backing off and the market bulls will try to rally.

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❓ Did you receive the 13 short trade ideas I sent out last night via SMS text alert? If not and you have a smartphone use the link 👇 below to register.

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😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). FB, CERN, AWI, GPN, TSS, SMAR. Chart discussion 9:10 AM Eastern.

🎯Dick Carp: the scanner paid for the year with HES-thank you

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

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

Market Thoughts Friday 8/12/19, It looks and sounds Mr. Market has had enough of this tariff business and left the lock off the bear cage. Last week the bear chased the SPY back below the 50-SMA. Now for the bull to come back, the SPY will have to find stability above $293.75 then a possible challenge of $296.65. In the meantime, the bear is still running around, if the SPY closes below $288.90 we could drift back to the August lows.

The VIX-X CBOE Market Volatility Index has jumped all the way to $24.81 then pulled back finding a bit of support. Bullish trading above $19.40 would put the VIX’ers in a position to challenge the recent high of near $24.75. On the flip side, trading below $16.60 would test July’s bullish construction.

✅ Check out our newest YouTube videos👈

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😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). TWLO, KMX, AVP, CERN, GPN, TSS, MDB, FB, FSLR, LSCC. Chart discussion 9:10 AM Eastern.

🎯Dick Carp: the scanner paid for the year with HES-thank you

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

Market Thoughts Friday 8/2/19, More tariffs, and tweets rattle the market. The SPX closed down 26.8 points while the DJ-30 closed down 280.85 points. (Ouch) So far the SPY has hit our target levels if $300 continues to act as resistance the $291.30 line should get tested. On the SPY our dark chart has turned over on the 3-bar or 130-min time frame. On the daily chart, the SPY has closed below the 34-EMA and may test the 50-SMA today or early next week. One good thing about this drop is it should create many great opportunities when the buyers start to take control, in the meantime be careful and try not to pick bottoms, picking bottoms just does not work out so well.

The VXX trade was a heck of a trade yesterday, to view the live video [click here]. For the past couple weeks we have been talking about how the VIX was construction a base, well the last 2-days of trading has been fantastic! We have been holding VXX until yesterday and took profits, now looking for a pullback opportunity or simple another trade setup. T2122 (4wk New High/Low Ratio) went from 52 to 17.35 just yesterday. A bit overcooked, I would think. Under 20 is where we could start to see relief rallies.

✅ Check out our newest YouTube videos👈

What We’re Trading

✅ Yesterday we closed our VXX trade with 75% profit [see video] and bought a little WDC and OXY. When the tariff tweets hit, it also hit a few in the portfolio. WDC still holding the T-Bands, CPB holding well up 14.2%, CVS is testing support, GE is testing support, even money on the MSFT Put, and we did add a little yesterday. OXY held very well yesterday with a bullish engulfing. X is acting as you would think an X would act. (Options) If you are interested in trading simple directional options, risking less money and BIGGER rewards send me an email, at contact us Attn: Rick

😊 Have a great trading day – Rick

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Trade-Ideas

✅ Yay, it’s Friday, and we don’t post trade ideas on Fridays. Fridays are a good day to take off early and enjoy life. Take a few profits and kick the dead wood out.

🎯Dick Carp: the scanner paid for the year with HES-thank you

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

Market Thoughts Thursday 8/1/19, The market didn’t much like what Mr. Powel had to say. SPX down 32 points and the DJ-30 down over 300 points. The SPY closed below our $300.00 support line triggering the target which was also hit yesterday $297.00. The next possible support lines we have drawn is at $293.60 and $291.30. Back over $300.00 would barley get the bulls back in the game? If you take a look at the 3-day chart, you can clearly see the Bearish Falling Method in place. I will point this out in the trading room today and how to handle it. Our dark chart shows the SPY has gone bearish on the 15-min and hourly charts, barely hanging on in the 2-hour chart. The 3-bar chart and up the MA’s have not crossed.

The VIX broke out of the construction we have been talking about the week and a half hitting our first target of $16.50. The VIX heating up is a sign there is fear building, based on yesterday’s chart and continued bullishness in the VIX we have target levels of $17.40 and $19.30. The T2122 4wk New High/Low Ratio is now at 52 falling from 74 and back below the 34-SMA

Check out our 3 new YouTube videos👈

What We’re Trading

✅ No closed trades yesterday nor any buys. CPB (Option) is up 6.12%m CVS is up 8.19% (Option), GE is down 4.5% (Option), KO is up 4.2% (Option), KSS is up 23% (Option), VXX is down .02 (Option), WBA is up 4.42% (Option) X is down -6.9% (Option), XLF is down 2.5% (Option) If you are interested in trading simple directional options, risking less money and BIGGER rewards send me an email, at contact us Attn: Rick

😊 Have a great trading day – Rick

Interested in SMS text alerts and reminders?

Trade-Ideas

✅ Sorry no trade ideas today due to technical troubles 

🎯Dick Carp: the scanner paid for the year with HES-thank you

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

The FED is on deck today. Hopefully, the market will this the news and start a long bullish move on the overhand the market might not care for the FED news. Yesterday the SPY gapped down, finding our $300.00 support line, and the crawled back as much as it could still leaving a gap. Any bullish strength today or tomorrow would have to carry the SPY over $301.45, a show of weakness below $300.00 would set us up for a test of the July 19 low.

The VIX closed well showing a bit of fear in the crowd, a close over $14.50 would spark a bit more fear, maybe enough to start a fire. Over $14.50 would also be over the 50-SMA. The T2122 chart has moved back up and above it’s 34-EMA closing yesterday at 74.90

Check out our 3 new YouTube videos👈

What We’re Trading

✅ No closed trades yesterday nor any buys. CPB (Option) is up 6.12%m CVS is up 8.19% (Option), GE is down 4.5% (Option), KO is up 4.2% (Option), KSS is up 23% (Option), VXX is down .02 (Option), WBA is up 4.42% (Option) X is down -6.9% (Option), XLF is down 2.5% (Option) If you are interested in trading simple directional options, risking less money and BIGGER rewards send me an email, at contact us Attn: Rick

😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). ARWR, OXY, X, SHAK, GE, BX, GS, CVS, YELP  Check Earnings!

🎯Dick Carp: the scanner paid for the year with HES-thank you

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

I don’t really expect much market activity today, just more of yesterday. Right, now the market is waiting for the Fed’s announcement “Wednesday.” Yesterday’s candle traded narrow and closed with an inside day. With yesterdays close the SPY is still bullish. Price still above the trend and the past six days, there are more higher lows and higher highs than the other way around. SPY above $300 remains bullish, below $300 could put pressure on $297. If the market is happy and the SPY breaks out $302.60 and $303.20 are in the cards.

The VIX-X closed with a bullish engulf and a 3 bar pattern we call a fig Newton, a close above $13.05 could really wake the VIX up and a close above $13.30 would put a bit of pressure on the market. The 2122 chart has now turned back down headed for the lower end, closed yesterday at 46.35

What We’re Trading

✅ We closed LYFT yesterday for a loss and bought CVS with a Directional Call Option. Nice Morning Star signal on the 2-day chart. CPB is finally working its way up. GE continues to march sideways in a wedge. Pretty quick it’s going to run out of the wedge. KO up 15% took a little rest yesterday but nothing serious. KSS is in our famous RBB Rounded Bottom Breakout setup! We are up 26.8% and looking good. WBA is just humming along going nowhere. And X gave us a little Hammer yesterday; let’s see if something comes out of it. Click Here and choose Trading Room #1 Password 8020👈

😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). ANF, CONN, CAKE, BERY, CVS, EL, BKI, EXAS  Check Earnings!

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

The SPY closed below Thursdays high with an inside day candle; the range continues to get tighter and tighter, suggesting a breakup or down is coming very soon. With yesterdays close still in the T-Band channel and the channels are still rising we remain cautiously bullish. Below $297.10 (last weeks lows) would turn us bearish. Below $297.10 would also be below the T-Band Channels.

The VIX-X is seriously trying to construct a bottom around $12.25. If the VIX-X chart pushed the price over $14.50 we could be talking about a ton of fear, below the $12.25 area we have the same old thing, market grinding higher. The 4wk New High/Low Ratio chart (T2122) is coming off the overbought area trying to get to the oversold area. (T2108) % of stocks above 40 Day Pma is sitting at 60 and under the 20-SMA on the 130 min chart.  Conclusion: The SPY remains in a slow bullish grind with intraday boredom and chop.

What We’re Trading

✅ On Thursday (yesterday) we closed OXY for a small loss and closed 💲BABA for an 11.4% gain. AMD still hanging in the T-Band channel and really needs to get above $34.55. CPB closed with a Doji yesterday still above our support line. WBA has tested support now we need buyers, above $55.20 would suggest the buyers are back. X is having a tough time getting above the $15.00 area into the $16.00 area but seems to behold in place. XLF is in the T-Band trend, above $28.10 we are still bullish. 👉For more detail and the full list join us in the HRC trading room #1 Click Here and choose Trading Room #1 Password 8020👈

😊 Have a great trading day – Rick

Trade-Ideas

✅ On Fridays we do not post trade ideas. Think about profits and getting rid of the dead wood. 🌞 Hope you all have a great weekend!

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

Yesterday was the 3^rd day for the SPY to post a higher low breaking out of our $300.00 resistance line. The Doji PBO (Pull-Back Opportunity) was between the mid and the lower band trap. The SPY looks to be drawing a bullish J-Hook continuation pattern; follow-through is still required. Yesterday the SPY also challenged and beat the July 15, high. Above $300.00 would suggest the bullishness continues to $302.75 and possible 304.20, weakness below $300.00 would suggest $298.25 and possibly the recent lows. (July 18, 19 22). IWM was the big newsmaker yesterday with a $2.65 move closing up over the wedge creating a sweet breakout. Unless we see a big sell-off a challenge of $159-$160 looks pretty good. IYT Transports are still trying to get through the downtrend line, and the VIX just seems to go lower and lower showing there is no fear in this market yet, I think there will be sooner or later. Conclusion: with minor pullbacks and profit-taking from bullish runs, the SPY remains bullish. As always trade with caution and be looking for profits.

What We’re Trading

✅ We have closed our 💲INTC ahead of earning for a 49.9% profit. New positions add yesterday were XLF long call and CIEN long call. AMD closed well within the T-Bands up 7.2%, 💲BABA had sweet price action yesterday now up 24%, 💲CIEN (new buy yesterday) closed up 11.8%, CPB we are watching for possible closure. LYFT is in a bullish profit tasking pull back. OXY is building a Pop Out of The Box patterns, 💲WBA is back in the Bands up 3.4%, X showed good price action yesterday working to breakout, and finally 💲XLF broke out yesterday with a J-Hook continuation pattern and the T-Bands closing up for us 2.10%. 👉For more detail and the full list join us in the HRC trading room #1 Click Here and choose Trading Room #1 Password 8020👈

😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). GPS, MYL, SRPY, CIEN, SQ, WSM, NWSA, X, BX, HAL     ✅ Check Earnings!

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

Yesterday July 23 the SPY moved higher but not enough to make a respectable close over our 300.05 resistance line. It still stands that the SPY must show bullish power over $300.05 to remain in the bullish game. The 3-bar candle chart shows a nice higher low off the 34-ema and the 50-SMA moving averages. Follow-through above the 300.05 line would create a bullish “w” pattern. You can see how important follow-through is. Weakness below $298.05 would suggest the price is still looking for support and help, the 50-SMA work for the last to such pullbacks. While still on the 3-bar chart, the VXX showed three lower lows while close to a brand new low. The IYT transports closed with a good candle pattern (Doji Continuation) but pegged against the upper wedge line. SMH remains bullish near a consolidation area. Conclusion: with minor pullbacks and profit-taking from bullish runs, the SPY remains bullish. As always trade with caution and be looking for profits.

What We’re Trading

✅ Yesterday we had a few new buys and closes. Bought long calls on AMD, and WBA and closed the SPY Puts. AMD closed about even while 💲BABA closed positive 21.2%. CPB closed positive 3.6% and premarket looks as is a bull gap is in order. CSCO down 5% while 💲INTC is up 26%. WBA is even money and OXY -1.5%. 👉For more detail and the full list join us in the HRC trading room #1 Click Here and choose Trading Room #1 Password 8020

😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). GE, FCX, SNAP, RF, OSTK, MRVL,UAA, CAG, ALLY, MOMO, WBA, LULU    ✅ Check Earnings!

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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

🌞 Good Morning Traders welcome to our Tuesday blog. Yesterday we closed F with a loss and bought,💲 CSCO calls, 💲 SPY puts and added to 💲 BABA on the Hammer. F closed below the 50-SMA. Bought CSCO calls with price near our green band line holding with the recent Bullish Engulf. Bought SPY puts with Fridays Bearish Engulf and yesterday’s Doji at the lower end of the T-Bands. We are still long INTC with 17.7%, INTC, news of AAPL buying one of there divisions. And OXY with 18.8%. 💲 We are also holding CPB, LYFT, and a few VXX calls

Pre-Market Thoughts

✅ Yesterday the SPY closed with a Doji following a Bearish Engulf; it will be important for the bulls to see buying above yesterday Doji $299.00. If the buyers can hold price above $299.00, then we may see a challenge of the recent top. If the buyers can not hold price up, then the sellers will look for the 50-SMA or lower. There are a couple of places the buyers might try to mount a charge like the 34-EMA area and between the 34 and 50 moving averages. The SPY premarket is trying to challenge the 15-Min 200-SMA, we would have to see a breakout and a test of the 200-SMA before the bulls can go too far. The VXX chart is still not showing any real fear while it tries to construct a bottom, I question is will it ever get off the ground. Transports (IYT) is in a wedge and needs to break one way, or another above $194.25 would suggest bullishly. Earnings, Earnings, Earnings, be cautious.

😊 Have a great trading day – Rick

Trade-Ideas

✅ For your consideration: Here are a few charts I thought should go on the watch-List, remember to trade your trade. Trade smart and wait for the QEP → (QEP) Quality Entry Patterns). EPD, OXY, ATUS, KHC, BAC, KKR, BX, PG, MA    ✅ Check Earnings!

🎯Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription Plans • Private 2-Hour Coaching

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