Archives for July 2022

July 21st Market Wrap-Up

The market trend confirmation is easily identified using candlestick logic. The market trend confirmation is established when witnessing candlestick reversal signals and the continuation of the trend breaking out through resistance levels and remaining above the T-line. This analysis is very important because it allows the candlestick investor to establish the appropriate positions regarding market direction. More importantly, it allows the candlestick investor to place trades from the most powerful candlestick reversal signals. The 12 major signals provide high probabilities of a price direction. The candlestick patterns illustrate a high probability of expected results based on human nature. The top ranked signals and patterns are the combination of signals and patterns that dramatically improve the probabilities of being in a correct trade as well as being in a strong price move trade. Join us Saturday for a full-day training that will fine-tune your analytic ability to pinpoint the strongest potential price moves.

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

Good Investing,

Stephen Bigalow

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July 21st Daily Market Comments

A consolidation day, the Dow has pulled back to the 50 day moving average, a common movement after breaking up through the 50 day moving average as a resistance level, now testing to see if it will act as support. It will be important to see the Dow stay above the 50 day moving average today. TSLA breakout is helping the electric vehicle/charging station sector.

 

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July 19th Daily Market Comments

Market trend analysis factors. Bullish signals over the past few days have brought the indexes up above the T line. However, the nature of the market is still in a sideways mode, up days, down days. The current bullish trend of the past few days still needs to get the markets up out of the sideways trend channel. Until then, any aggressive buying is not necessary in these market conditions.

 

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July 18th Market Direction

The strong candlestick trades can be identified using top-ranked signals and patterns. The strong candlestick trades are a combination of candlestick signals and patterns. Logic dictates the more pieces of evidence you can put into your visual analysis, the higher the probability of a correct trade. Not only a correct trade, but highly profitable trade. Currently, the markets are in a sideways mode. However, this does not diminish finding very strong stock price moves utilizing the top-ranked signals. The kicker signal is your strongest individual candlestick signal. It is one of the top-ranked signals. Everything analyzed in candlestick charts is merely common sense investor sentiment put into a graphic depiction. Join us this Saturday for a full-day training on identifying and utilizing the top-ranked candlestick signals and patterns.https://www.stephenbigalow.com/top-22-patterns.

 

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

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July 18th Daily Market Comments

Be careful, the indexes have reached the top of the sideways trading range. The Dow touched the 50 day moving average and then started selling off. The sideways channel remains the top analytical factor for the current investor sentiment. The T line continues to show relevancy in numerous stock prices. Remain nimble.

 

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July 14th, 2022 Stock Chat with Stephen Bigalow

To Download recorded sessions;

In order to download click on the link below, once on the video page you will click on the three-dotted vertical line located at the bottom right-hand side of the video player and click on “download” to save to your files.

At the end of the webinar Steve announced his upcoming “Top Patterns Working in Today’s Market Conditions” event, which he’ll present on Saturday, July 23rd.

This 4-hour training workshop will provide you with visual perspectives that will improve your investing for the rest of your life.

Click here for more information.

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Accurate Market Analysis July 14th Market Wrap-Up

Accurate market analysis is greatly enhanced by knowing the candlestick signals and confirming indicators. Accurate market analysis gives the candlestick investor a great advantage. It allows an investor to establish long or short positions based upon the market direction, greatly increasing the probabilities of being in correct and profitable trades. The current market direction, illustrated by the Dow, is a slow meandering downtrends. However, the NASDAQ is still in a sideways wedge formation, confirming the summer doldrums. These market conditions allow investors to easily scanned for both the strongest bullish trades as well as the strongest bearish trades. Another great advantage for the candlestick investor is knowing the Top Ranked Candlestick signals and patterns. You can dramatically improve your profitability by first analyzing the overall direction of the market indexes and then applying the strongest candlestick signals and patterns in that same direction. Simple logic! The whole premise of candlestick analysis is utilizing the logic built into candlestick signals. Join us Saturday, July 23 for a full day training on identifying and applying the Top Ranked signals and patterns that produce the highest probabilities of high profit trades.

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July 13th Daily Market Comments

The great debate! Is there a recession coming? That seems to be the big talking heads topic. If you are trading in the stock markets, the answer is who cares? The markets have illustrated their downward trend since the beginning of the year.

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July 11th Market Direction

High-profit trade setups are still available even when the market trend appears to be relatively flat. High-profit trade setups are easily identified utilizing simple candlestick scanning techniques. When the market indexes do not show any great trend indication, candlestick scans become more relevant for finding the best trade setups. The number of good trades set ups may be greatly diminished in a lethargic market but out of approximately 9500 trading entities, candlestick scans will pinpoint where investor sentiment is producing the strongest trades. Join us July 23, Saturday, for a full day training on identifying the top ranked candlestick signals and pattern set ups. Identifying these signals and patterns continue to produce good profitability for the candlestick investor when the market indexes are not producing any significant trends. This is what allows candlestick investors to constantly put money in trade set ups that have the best probabilities of producing profits.

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July 11th Daily Market Comments

Sideways market! Get out the fishing gear and cleanup the golf clubs. However, short positions that have remained below the T line are continuing their downtrends. Very few long positions are providing good upside potential. The summer doldrums make the general market a very lethargic trading atmosphere but there are still good trades.

 

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