and The Candlestick Forum
Stephen Bigalow reveals the 12 Signals you will ever need to learn to profit in any market!
Join us for free and get valuable training techniques that go far beyond the articles posted here.
Receive your FREE copy of the ’12 Signals to Master Any Market’ and complimentary passes to Live Webinar Training from Industry Experts.
More people are learning to make their own investment decisions. Stephen Bigalow provides the ultimate trading environment for individuals interested in expanding their investment knowledge, and their profits!
Helping individuals just like you since 2001. Members enjoy an active trading community. Whether you join the Live Trading Room during market hours, or jump in after-hours, you’ll find a friendly group of individuals sharing knowledge and trading opportunities.
Stephen Bigalow and a variety of Guest Speakers bring you the latest in trading software and share their personal strategies and investing techniques.
Free and paid sessions provide valuable trading tools to further your education and help you to build an effective trading style.
Powerful workshops and mini-webinars have something for every level of investor interested in Stocks, Options, FOREX, Futures, or E-minis. View Event Calendar
The indexes continue to trade below the T-line, expect the Dow and the S&P 500 to test the 50 day moving average within the next few days. The strategy remains the same, have both long and short positions in the portfolio but obviously more oriented to the short side for the short term. … [Read More...]
The NASDAQ is trading slightly positive. Currently it is producing a bullish Harami/Doji right on the 50 day moving average with stochastics just getting into the oversold condition. It will be very important to see how the indexes finish the day. But the nature of the market continues, strong sectors remaining strong with weak sectors remaining weak. There are very good uptrending positions as well as good bearish positions. … [Read More...]
The lower open in the Dow today could have been scary but at the same time the qqq's were opening positive. This was a good indication that the markets were not turning over. Although the Dow and S&P 500 are currently not doing anything with great resiliency, they are still trading at or above the T-line. Stay long. Gold stocks and oil stocks are still acting strong. … [Read More...]
The sideways nature of the market still persists. The Dow, transportation index, and the S&P 500 are all hovering in the T-line area, not showing any directional move one way or the other. The NASDAQ gapped down today and is currently trading just below the 200 day moving average. A close at the lower end of the NASDAQ trading range would imply the 200 day moving average was not acting as support, making the 50 day moving average as the next target. This would indicate more downside over the next few trading days. Any long positions should continue to demonstrate strength, oil stocks and mining stocks continue to act well. … [Read More...]
After the indecisive Doji day on Friday, the markets needed to open positive today to indicate the T-line area was going to act as support. Today's weakness indicates more downside/consolidation. However, gold has moved back up in price making the gold stocks relatively strong. Oil stocks and biotech's continue to act well. Any long positions held in the portfolio over the next few days should be in the strong sectors. Add some short positions to the portfolio. … [Read More...]