Archives for October 2022

October 20th Market Wrap-Up

Candlestick analysis produces huge visual analytical advantages. Candlestick analysis produces a much more refined evaluation of investor sentiment. Today’s trading showed indecision in the indexes in the overbought condition. The NASDAQ actually closed back below the T line suggesting the downtrend remains in progress. There are approximately six trend indicators that identify the overall trend of the markets. Join us tonight for our Thursday night candlestick training session. We will be demonstrating the indicators that produce much more accurate trend analysis.
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Candlestick analysis dramatically improves your trading ability. This allows for the maximization of profits. Knowing the direction of a price move with a high degree of accuracy allows for the appropriate option strategies for maximizing profitability. Join us Saturday, October 29 for a full day training on applying the correct option strategy with the appropriate candlestick signals and patterns. You will gain valuable insights and learn how to apply simple option strategies to maximize your profits.

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October 20th Daily Market Comments

The indecisive nature of the market has one very compelling feature. The indexes, once they closed above the T line, were in an uptrend. For the candlestick investor, this is a very important analytical tool. Although the market conditions warrant having successful long and short positions, the upward bias of the market at least produces having more analysis making sure the short positions are not losing momentum. The oil stocks remain a very strong sector.

 

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October 19th Daily Market Comments

The T-line factor remains very relevant. Bullish sentiment is assumed when the indexes are trading above the T line. However, the indecisive nature of the current uptrend makes identifying specific sectors as the best trade criteria. The defense stocks are showing good strength. At the same time, stocks that have never come back up above the T line are still producing good short profits.

 

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October 18th Daily Market Comments

Today’s gap up in the indexes broke out of trading ranges/resistance levels. This now add credence to the large bullish engulfing signals/left/right combo signals of last week. Assume the uptrend is back in progress with the indexes trading well above the T line. Provided the indexes continue to maintain good strength today. The uptrend would be negated on hard selling from the open, bringing prices back below the breakout levels. Numerous short positions have been covered over the past couple of days based upon the appearance of reversal signals confirming. The recent long recommendations are working.

 

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October 17 Marker Direction

Candlestick charts explained reveal an immense amount of information. Candlestick charts explained take the rhetoric out of investment logic. Are we in a recession? Are we going into a recession? It does not matter! What matters is the ability to make a profit based upon the market and stock price trends. The major advantage produced by candlestick charts is witnessing signals and patterns that produce high probability expected results. There will also be times when those beneficial probabilities cannot be identified. That produces a viable trading strategy. Sit in cash and be patient. Have funds available for when high probability signals reappear. You do not have to be a sophisticated technical analyst to utilize candlestick charts. You merely need to learn to recognize what human nature does time after time. Join us Saturday, October 29 for a full day training on the appropriate option trading strategies applied to specific candlestick signals and patterns. The valuable insights produced by candlestick charts allows for trading strategies that maximize your profitability. Take advantage of our two week free trial to become familiar with why candlestick analysis dramatically improves your trading abilities.

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October 17th Daily Market Comments

The markets are in a whipsaw mode, indicating investor sentiment does not indicate a consensus of trend direction from day-to-day. The Dow is currently in a sideways channel. The NASDAQ and the S&P 500 are bouncing around the T line. The market does not know where it wants to go. This is illustrated by the candlestick charts. If favorable probabilities cannot be identified in the market trend and/or individual positions, sit back until trend results can be better identified.

 

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Weekly Watchlist October 17th – October 21st, 2022

Candlestick analysis has analytical aspects that no other charting techniques exhibit. Candlestick analysis is the graphics of what investor sentiment is actually doing, not the projection of what prices might do. The candlestick signals and patterns are the results of high-probability visual results based on hundreds of years of analysis. Candlestick analysis disregards the expectations of fundamental research, analyst expectations, analyst recommendations, or invalid rumors. Candlestick analysis is the actual buying and selling decisions of investors. Because candlestick signals and patterns produce high-probability results, knowing that information helps in investors keep their emotions out of their trading decisions. The Candlestick Forum weekly trainings provided a format for quickly learning high-probability trades setups. Why is the Candlestick Forum considered the best place to learn candlestick analysis? The learning process is directed to signals and patterns that produce the best profitability. You gain a huge advantage of learning only the relevant candlestick information. This allows investors to start participating in quick wins in the markets. Join us Saturday, October 29 for a full day of training on how to maximize your profitability using the correct option strategies for the appropriate candlestick patterns. You will learn to identify the most timely option trade setups.

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October 13th, 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 he end of the webinar Steve announced his upcoming “Options Strategies with Candlestick Signals” event, which he’ll present on Saturday,October 29th.

This full-day 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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October 13th Market Wrap-Up

Candlestick chart signals allow an investor to much more accurately analyze what is occurring in trend/price movements. Candlestick charts signals produce very strong probabilities of trend reversals. Today, with the indexes opening much lower, gapping down in the oversold condition, produced an alert to start watching for a reversal signal. The Japanese rice traders have very simple philosophies as to what occurs in human nature. Where do most people sell? They panic sell at the bottom. That is what is illustrated with a gap down in the oversold area. What will the markets do from here? That becomes much better evaluated based upon confirmation of a reversal signal. Knowing what should occur after candlestick reversal signals allows the candlestick investor to move aggressively or not move at all based upon what occurs after a candlestick reversal signal. This also allows for much better entry strategies when trading options. Join us Saturday, October 29 for a full day training on applying the appropriate option strategies to the appropriate candlestick signals and patterns. This information greatly improves the probabilities of being in a profitable trade. Candlestick chart signals provide a high probability trading format for establishing trades when the probabilities can be identified in your favor.

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

Good investing,

Stephen Bigalow

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October 13th Daily Market Comments

Inflation! It’s not going away yet. The NASDAQ and S&P 500 have gapped down below recent lows. However the Dow opened at the recent lows and is currently trading above where it opened. This makes today’s open in the Dow an important trend factor. It will be important to see whether today’s open in the Dow is going to act as a double bottom support. Stay short, the short positions are obviously working well.

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