Weekly 3 Bar Cradle Pattern Busted Out

Weekly 3 bar cradle pattern busted out and had shown bullish followthrough strength. The weekly chart has been in a fantastic bullish trend with buying opportunities on the daily chart. The daily chart shows a gap with bullish consolidation waiting for the T-Line to catch up. Price action and the T-Line have worked together again to present a buying opportunity with Tuesdays Engulfing candle and yesterdays inside day. We are bullish on the chart and a bullish buy over $27.35 with a protective stop about $26.50

Past performance is not indicative of future returns

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SPY • In The T-Line Trap

Yesterday was the 4^th day of a lower low and lower high, price action also fell into a gap, and the Bulls have seemed to find a little support (for now). Overall the bigger trend is still bullish bit the swing trade trend is not so much. Not until we see a reversal pattern/price action. Stick with and focus on good trading rules, if you are not making money it’s not the market's fault. We closed 1/ our QCOM for 58% yesterday

****VXX – The VXX is still trying to construct a bottom and getting closer to the downtrend line. Will the downtrend line reject price again or open the gate?

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This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it's a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. -Jonathan Bolnick

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Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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