FDA Charts

[PlanTrader]

rick, no problem. True, it could have kept going up, but if you memorize that little list of "hints" I just gave you about how to tell that a runup might start a retrace, then you'll be playing the odds.

Remember, high candle spike during a runup, followed by a red candle... can be the hint that a retrace may occur. Better safe than sorry. And if you see the huge volume surge and/or the bear candlestick (shooting star at the close) then those are additional hints. And don't worry if you make a nice % gain and follow those rules and a runup continues. It's better to play the odds.