Archives for May 2021

The markets produce some very powerful bullish signals. Today’s positive trading confirmed the hammer signal in the Dow. The S&P 500 also had a hammer signal, confirmed today with positive trading, forming a MorningStar signal. The NASDAQ produced a belt holds signal yesterday and showed definite confirmation with a gap up in closing near the high end of the trading range. Add all this together, it reveals that investor sentiment has gone back bullish with great enthusiasm.

This has allowed for strong candlestick signals, such as the kicker signal and the bullish left/right combo, to produce some very strong bullish trades set ups. Today,RUN confirmed a bullish left/right combo of yesterday. This signal is one of the strongest candlestick signals along with the kicker signal. When you can identify which signals produce the strongest profit results, the candlestick investor can be committing funds to very strong trades during an uptrend, much stronger than merely up trending stocks during an uptrend. Join us this Saturday for a free session on the strong profit ramifications of the Doji, the Dynamic Doji training. This training clearly demonstrates the logic that produces high profit trade set ups based upon human nature. Join us, you will get much more information than you anticipate. Click here to register.

Chat session tonight at 8 PM ET.  Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

The market indexes formed bullish reversal signals on Thursday and were confirmed on Friday. The bullish Harami on Thursday indicated the selling has stopped. Today the market showed consolidation. The uptrend will still be in progress on positive trading tomorrow. This new uptrend has produced some very powerful bullish signals, the bullish kicker signal, and the bullish flutter kicker signal. These signals show a dramatic change of investor sentiment in individual stock prices, implying much more upside potential. As long as the market indexes are now trading above the T-line, strong candlestick signals and breakout patterns will produce some good profitability.

GEVO was recommended today based upon the kicker signal of Friday. There was a large number of bullish Harami due to the market reversal on Friday. There were also numerous J-hook pattern breakouts, producing high probability trade results. When you take advantage of the information built into candlestick signals and patterns, you dramatically improve your probabilities of not only being in a bullish trade but being in a strongly bullish trade.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

The market indexes are still revealing strong sector specific trading. Numerous short positions continue to work well. A good number of long positions are showing strong bullish candlestick patterns. The fry pan bottom pattern has been producing some good profitability. The fry pan bottom pattern produces multiple benefits. First, it produces an extremely high probability of the price direction and secondly, the magnitude of the move is usually excessively strong. Additionally, the pattern will continue to produce profitability even when the overall market conditions may have turned in the opposite direction.

VTRS, ET, and IGT are producing strong fry pan bottom breakout situations. This puts the probabilities in your favor of having not only a positive trade, but a strong positive trade. Short positions continue to work, SPCE, RIOT, MARA, AMTX, plus a good number of other short positions. When the markets are not showing consistency as witnessed in the different directions the indexes have been moving, the Dow in one direction while the NASDAQ has been moving in another direction, profits can be made by having both long and short positions in the portfolio.
Take advantage of the information built into the candlestick forum flashcards. This allows you to identify and learn the strong profit signals and patterns quickly.
https://store.candlestickforum.com/collections/flash-cards-posters-and-mouse-pads/products/candlestick-forum-flash-cards

Chat session tonight at 8 PM ET. Click here to register.

Good investing,

The Candlestick Forum team