Another week has gone by and the bulls remain the winner. The SPY price is has been skipping along the T-Line for the past 10 bars and above the Green T-Band for the past 9 bars. The wall of worry is in place. We monitor the SPY chart for signs of damage and every time you think you see it, the bulls hop in to fix it. Currently, we are about 2% from the SPY all-time high, come on bulls get it done! There is no loss of bullish charts, the scanner continues to produce. What a winning combination to have a greak stock scanner and the education to trade for profits, you gota love your job!
Today at 11:00 AM Eastern I will be in room #3 showing how I set up my favorite scans. I hope you can join us. Link to Room #3
✅ Trade-Ideas for consideration: ATVI, V, SC, NVTA, VLO, CY. Let the LTA Scanner do you work for you Tryit for 30-days
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
A chart I have up and on one of my monitors at all times is the FANG chart (Ticker FNGU) or FANG Index 3x Leveraged ETN FANGS stocks are (FB) (AMZN) (AAPL) (NFLX) and (GOOG). The FNGU chart has been instrumental in determining trend direction and pullbacks in the overall market. As you can see from the chart, it is approaching the 200-SMA. The 200-SMA is a moving average know for its support and resistance. More time than not I have experienced price action consolidation when price enters into the 200-SMA zone. While the market is still trending bullish, we will continue to trade bullish to the long side while monitoring how price action acts on the (FNGU) chart in the 200-SMA zone.
Live Trading Alerts Clinic: Today, Thursday, April 11, 2019, Ed Carter will be covering 26 new scans and answering any questions you might have. The LTA- Live Trading Alerts Scanner has proven it’s self has the leader in auto scanning for candlesticks signal, chart patterns, breakouts, and break downs. Click Here and Choose Room#4
✅ Trade-Ideas for consideration: ATVI, V, SC, NVTA, VLO, CY. Let the LTA Scanner do you work for you Tryit for 30-days
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
Not much change in the market, the bulls continue to ride the T-Line train to bull town. Price gapped down yesterday and closed with a Doji on the T-Line. The bull-bear T-Line (Reg/Green T-Line) held with a green trend on the gap down so we will remain cautiously bullish as the buyers climb the wall of worry. Earnings kick off this week and could be the catalyst that pushes price action up to and over the $300.00 mark on the SPY. A little caution: The VIX chart pushed a little yesterday closing over the T-Line turning the trend green. The VIX is a huge clue in the fear or lack of fear in the market. Trade well, Trade smart my friends.
Today’s Action plan: Manage current positions, taking off a few profits when presented. Yesterday we took profits on FDX and will consider a reentry of the chart presents itself. The LTA Scanner is already turned on, and we’re both ready for a great day.
✅ Trade-Ideas for consideration: CMCSA, HES, OLED, EW, ORCL, AABA, ZAYO, MDLZ. Let the LTA Scanner do you work for you Tryit for 30-days
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
Earnings
kick off this week, make sure you double check your dates before buying a stock!
The SPY posted another bullish day yesterday. Have you ever noticed how price runs
on top of the T-Line and even push higher, then come back to the T-Line and
even float below the T-Line for a few days? Yesterday marked the 6th-day
price has run above the T-Line. I use the VIX is flexing its muscles this
morning, keep a close eye the VIX is a valuable tool when it comes to how deep you’re
invested. Above $13.85 on the VIX we will likely lean into a few shorts or
puts. The T-2122 chart is on our radar up above 80.
Today’s Action plan: Yesterday we closed our XOP for a nice profit. Today we will be managing our current trades and possibly taking a sweet 25% base hit on FDX. The LTA Scanner is already turned on, and we’re both ready for a great day.
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
On the SPY. Monday of last week the bulls popped price over the T-Band high and price continued to post higher lows the rest of the week. As with T-Line rules; when price moves too far and to fast from the T-Line the probabilities increase for a pullback. The overall trend in the SPY remains bullish. The T2122 chart is in the overbought area, but we all know T-2122 and stay overbought while price continues to perform. IYT needs a rest based on its recent performance which means we could see a little softness in the market. SMA still holding strong with no sellers in sight as of Friday. The VIX appears to be constructing a bottom so we will be watching the VIX closely for signs that the construction is ending and the bulls taking over.
Our action plan today and this week will be to keep a close eye on our green longs and pull profits when appropriate. FDX, GIS, VLO, XOP, QCOM. Friday last week in the afternoon the LTA Alert Scanner did a great job of pointing out tradable chart setups, and I have no reason to think anything different this week.
✅ Trade-Ideas for consideration, All Trade Ideas came from the LTA Live Trading Alert Scanner. BLL, PEP, ZAYO, PG, GIS, MSFT, BBY
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 Bulls
and Bears could not agree on much yesterday except to hold price a narrow range,
In fact, an
inside day. An inside day is when one day’s
range (lows and highs) are inside the previous days (lows and h1ighs). The one-hour SPY chart shows hoe price pulled back
into the T-Bands, tested the red line and close above the blue line. All that
went on while the price was simply in a
narrow inside day range on the daily chart. Yesterday’s
close still had a bullish tilt with four bars above the green line and no bearish signal. The wall of worry is still climbing
higher. My Friday gameplan is to take a few base hits and then make sure the grille has gas, and the fridge has a few cold beers
in it. It’s time for the first grass mowing this year. We love our job, have a great
weekend everyone!
Friday’s base hit plan. With the help of the LTA Scanner Alerts, this week I was able to enter: NVDA up 34% and TGT up 32%. I plan on a running a few bases today with about $1000.00. Seriouslly do you want to take the next step in improve your trading? 👇
HRC Road To Wealth Mentoring
Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns. Read More
Hey, are you looking for the best money making tool in trading? Well, I found it and use it!! The Live Trading Alerts Scanner. I have about four terrific scans. Get it downloaded and I will be glad to work with you privately to get it set up.
✅ Trade-Ideas for consideration, All Trade Ideas came from the LTA Live Trading Alert Scanner. Ya it’s Friday no trade ideas. Do your work, work your plan. Always have a plan. The LTA Scanner is available for members at a discounted price of $97/per mo. Also available for non-members at $147/per mo. The Most Important Tool You Can Have
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
Be Prepared the china deal getting close. Maybe the meeting today between Trump and Chinas Vice Premier today will be a market mover, be ready. Six lower highs for the SPY, price action above the trend line, V-Stop is green, Price action is above a three T-Bands, almost seem to goo to be true. Price action did tag the $287 number that I spoke of a few days ago. The next number will be $291 if the bulls can hold together. Yesterday’s candle is not what we wanted to see and a weak close could bring the bears back out. Pay attention to price action.
Yesterday we hit the ball and ran a few bases. One was HD, and one was MU. HD was an easy standup run for 57% while on MU we had to slide in for a 43% run. Not a bad game, let get the gang together and play again today. Want to be a member of HRC and free f LTA training with Rick? Heres your chance.👇
HRC Road To Wealth Mentoring
Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns. Read More
Hey, are you looking for the best money making tool in trading? Well, I found it and use it!! The Live Trading Alerts Scanner. I have about four terrific scans. Get it downloaded and I will be glad to work with you privately to get it set up.
✅ Trade-Ideas for consideration, All Trade Ideas came from the LTA Live Trading Alert Scanner. BIDU, CRON, WY, NXST, NKE, MOMO, ZAYO, MDLZ, SQ. Do your work, work your plan. Always have a plan. The LTA Scanner is available for members at a discounted price of $97/per mo. Also available for non-members at $147/per mo. The Most Important Tool You Can Have
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
Futures are up, and $287 is becoming more of a reality on the SPY. Tuesday was a day of rest for the market while Monday was a huge bull day. The wall of worry is still intact as price slowly crawls higher. If we don’t micromanage the hard right edge and every little blip the wall is easier to climb. The trend can be one of the best tools in your toolbox; the trend keeps price action honest and helps traders decide if the chart has gone from good to bad or bad to good. Two important tools after the alert system I use is Price Action (Candlesticks) and Trend. With the T2122 chart in the overbought area, we are cautiously bullish and always remind ourselves to look for the base hits by profiting into strength.
HRC Road To Wealth Mentoring
Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns. Read More
Hey, are you looking for the best money making tool in trading? Well, I found it and use it!! The Live Trading Alerts Scanner. I have about four terrific scans. Get it downloaded and I will be glad to work with you privately to get it set up.
✅ Trade-Ideas for consideration: M, WY, TTWO, MDLZ, FLR, ARE. Do your work, work your plan. Always have a plan/
Live Trading Alerts News
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
gapped over our Green T-Band Line and held pretty well yesterday on its way to challenge the $287 area providing
the bulls can get another run put together. The 50-SMA has crossed over the
200-SMA (Golden Cross) and may put the fire back in the belly of the SPY. Price
action has also put together a Bullish Inverted Head and Shoulders the past 6-7
months. The black and red dotted T-Line can provide traders with a clear path
to whether the buyers or sellers are in
control, if your in the trade should you be out or should you be buying. The
SPY T-Line has flipped from red to green, now practice patience for the entry set up. If
you need help with the T-Line, please let us know. Hi, this is Rick Saddler, the creator of the T-Line. Tonight Tuesday, April 2, 2019, is our member’s get
together a webinar, and I will be sharing a few T-Line tricks with
you.
HRC Road To Wealth Mentoring
Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns. Read More
Hey, are you looking for the best money making tool in trading? Well, I found it and use it!! The Live Trading Alerts Scanner. I have about four terrific scans. Get it downloaded and I will be glad to work with you privately to get it set up.
✅ Trade-Ideas for consideration: BHGE, XRAY, AXP, NBR, MO, WY, ATVI, IVZ, IPGP. Do your work, work your plan. Always have a plan/
Live Trading Alerts News
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
Kellogg and
Keebler near a deal and China report
unexpected growth in March. It looks like a new
fire has been lite under the market. Pre-market
up 170 points plus while I am writing the blog. With positive trading today and
a positive close the $287.00 area would make a nice target for the SPY. Friday
price closed near the Green upper T-Line Band which suggests the buyers where bullish going into Friday’s close. The SPY closed Friday below red
V-Stops, a breakout today would flip the dot to green. The near term on the SPY
the bulls would love to capture $287.00 then $293.00ish, of course, the bulls will
need to push through resistance and
maintain a tradable trend. Stay cautious
and nimble and remember an important key
to trading success is profits, think base hits and the runs will come in.
HRC Road To Wealth Mentoring
Mentoring with Rick Saddler: The Road to Trading Wealth can take several different paths; it’s important to find what works for you. The Trend, Price Action, Candlesticks, Chart patterns, Support and Resistance, and Strategies is the map we use to stay on the Road To Trading Wealth. Patterns and Strategies such as The Rounded Bottom breakout, The Continuation Pattern, Trending, T-Line Bands, and the Red Green Strategies are a few of our favorites. Patterns like J-Hooks, Pop Out of The Box, The Oreo, The Fig Newton, Candlesticks are some of our favorite patterns. Read More
Hey, are you looking for the best money making tool in trading? Well, I found it and use it!! The Live Trading Alerts Scanner. I have about four terrific scans. Get it downloaded and I will be glad to work with you privately to get it set up.
✅ Trade-Ideas for consideration: HD, CSCO, JNJ, ATVI, WAIR, NVDA, SNAP, YUMC, ZEN, DLTR, DHR. Do your work, work your plan. Always have a plan/
Live Trading Alerts News
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
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
