Archives for September 2022

September 12th Market Direction

The best profit signals are produced when witnessing candlestick signals at levels everybody else is watching. The best profits signals incorporate numerous confirming indicators that can greatly improve the probabilities of being in a correct trade.AAPL is an example of the candlestick signals illustrating when the bullish sentiment was demonstrated, a candlestick buy signal followed by a gap up through the moving averages everybody else was watching. The best profits signals can also be applied when the underlying commodity of a sector is moving in a specific direction. The strength in the silver chart provides the impetus to buy silver stocks that are confirming with the strength of silver. Everything viewed in a candlestick chart is merely common sense put into a graphic depiction. The Japanese rice traders have provided the signals and patterns that human nature will produce as high probability trend results. Mark your calendars! September 24 will be the Ultimate Candlestick Training, a full-day training applying all the profitable aspects produced by candlestick charts. This training puts investors in control and dramatically reduces flawed investment emotions.

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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September 12th Daily Market Comments

The T-line rule assumption – the trading in the indexes up through the T line on Friday dramatically improve the probabilities of an uptrend in progress, even though the bullish trading of the previous two trading days did not produce pure candlestick reversal signals, but ‘almost’ candlestick reversal signals. The potential of a trend reversal logically produced scanning for bullish signals in individual stock charts.

 

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September 9th Daily Market Comments

The T line is obviously not a resistance level for the Dow and the S&P 500 and the NASDAQ. The 50 day moving average becomes the next viable target, which the NASDAQ is already touching. Numerous short positions have been closed out because of bullish reversal signals. The portfolio bias is now to the long side but with watching what the indexes do at the 50 day moving average.

 

 

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September 8th, 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 “Accurately Identify Trend Reversals” event, which he’ll present on Saturday, September 10th.

This 2-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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September 8th Market Wrap-Up

A market reversal? Candlestick analysis provides very high probability analytical aspects that reveal when a market reversal has occurred. The T line is a powerful trend indicator. As long as the market indexes continue to trade below the T line, the probabilities are extremely strong the downtrend remains in progress. The Japanese rice traders have provided very defined signal criteria to demonstrate trend reversals. A candlestick buy signal and a close above the T line produce strong probability evidence there has been a change of a downtrend. The bullish trading in the indexes started with a non-candlestick signal. Currently, the indexes have not closed above the T line. That visual analysis makes a market reversal still suspect. It will be important to see how the markets open tomorrow. However, the indecisive trend nature of the market allows for analyzing individual stock charts to see positions can be added, based upon bullish reversals. The lithium mining stocks and the bitcoin stocks are showing high probability of bullish reversal patterns. A major advantage of candlestick analysis is identifying where bullish or bearish sentiment is producing the best trades. Join us Saturday, September 10 for a Mini spotlight training on identifying the strong reversal signal setups. This information is all visual. And it will greatly improve an investor’s perspective on where high-profit trade formations are occurring.

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

Good Investing,

Stephen Bigalow

 

 

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September 8th Daily Market Comments

Why is it important to know the simple details attributed to each candlestick signal? Simple, the Japanese rice traders have evaluated what makes a reversal signal for over 400 years. A candlestick signal has expected results. A non-candlestick reversal signal does not have the same reversal factors, otherwise the Japanese rice traders would have given it a signal name. Yesterday the major indexes traded bullish but opened above the previous day’s close, not forming a bullish engulfing signal.

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September 6th Market Direction

Strong short trades are created by identifying bearish candlestick patterns being confirmed with strong bearish candlestick signals. Strong short trades are going to be enhanced when accurately analyzing the overall market trend. The indexes continue their downtrend. This is an easy observation when utilizing the T-line. Although the indexes are in the oversold area, they are not producing any signs of bullish reversal signals. Remaining short in numerous positions also utilizes the same candlestick factors. As long as the stock price trends remain below the T-line, and an investor can maintain their short positions until witnessing a candlestick reversal signal. This is what keeps emotions out of our trading. Candlestick signals and patterns produce information that indicates high probability results based upon human nature. The magnitude of profit results can be greatly expanded when identifying the most vital signals and patterns that are currently performing in existing market trends. Join us Saturday, September 10 for a Mini spotlight training on identifying the strong candlestick reversal signals and patterns. This information will give you a very powerful insight into improving your trading profitability. It’s all visual! Click here to register

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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September 6th Daily Market Comments

The bounce failure at the T-line in the indexes on Friday demonstrated the lack of any bullish sentiment. The downtrend continues until evidence of reversal signals. Continue to stay predominately short. Even the oil stocks that showed bullish potential on Friday are selling off today. Utilize the T-line rule to keep from getting whipsawed.

 

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September 2nd Daily Market Comments

The jobs report has produced positive trading today but currently producing indecisive/Doji formations. A bounce to the T line is the likely prognosis. That same scenario would apply to numerous stock price bounces. Shorts should be covered if that set up is performing an individual stock charts. Adding long positions in this area requires safety stops at levels that would indicate bullish moves have been stifled. The market indexes, although the prospects are moving up to the T line are still below the T line.

 

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September 1st, 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.

Stock Chat – Thursday 09/01/22

At the end of the webinar, Steve announced his upcoming Accurately Identify Trend Reversalsevent, which he’ll present on Saturday, September 10th with Stephen Bigalow

This 3-hour training workshop will provide visual perspectives that will improve your investing for the rest of your life.

Click here for more information.

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