An incredibly reliable signal showed up on a chart I was looking at this morning and I wanted to get it right out to you. I use the RSI indicator to spot this signal and you can learn more about that here.

Take a look at this chart and let me tell you what I noticed.

The RSI is ABOVE the dashed line is telling us there is strength to the UPSIDE.  However, the line is flattening out which could indicate a change in direction. If price continues to go up, a potential trade here is to buy a CALL option. If DIA hits 445 it is a sign to take the trade. Be sure to select an expiration that is far enough out to allow the move to happen.

There are several other tools I use to spot and set up trades like this and I enjoy it when folks like you can benefit from them as well. Keep an eye on your inbox for more tips and examples.

I wish you the very best,

Wendy

Last week we discussed buying DIA 455 calls. You could have bought the March 21st 455 call on 2-13 for $1.59 and sold on 2-14 for $3.40, a 114% profit.