Archives for March 2023

Breakout trades produce profitable results when utilizing candlestick patterns. Breakout trades can be anticipated knowing what the expected result of a candlestick pattern should produce. Currently, the market indexes continue to show bullish strength, with the Dow likely to test the 50-day moving average. This may take a day or two but provides the evaluation that bullish trade breakouts will likely produce good profits over the next few days. Witnessing candlestick signals at breakout levels provides profitable insights into the strength of investor sentiment. It alters the perspective of chasing stocks versus knowing when to buy a new powerful price trend. Fortunately, the candlestick forum provides chat rooms that identify when breakout patterns will likely occur. An additional benefit of the chat rooms is expediting the learning process of the effectiveness of candlestick signals. Simple scanning techniques allow for identifying which stocks/sectors will perform the best in an identifiable market trend. Currently, the gold stocks and the artificial intelligence stocks are producing good consistent profits. This is a process of the candlestick charts putting investors’ funds in high-probability trade situations.

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

The best candlestick breakout patterns are easily identified. The best candlestick breakout patterns reveal the strongest price moves even when the overall market conditions are relatively lethargic. Although the NASDAQ is in a slow uptrend, candlestick breakout patterns provide investors with an opportunity to participate in the strongest profit moves. The market indexes continue to reveal a lack of sentiment either bullish or bearish. There is still a lot of hesitation about interest rates, Russia/China collusion, the bank crisis, etc. The lack of a strong indication of bullish sentiment while the indexes still are maintaining a steady downtrend, not able to get back up above the downtrending resistance level, creates conditions that any negative news can send the market down again. Take advantage of the information built into candlestick analysis. The candlestick breakout patterns produce extra probabilities that a price move not only is going to move in a specific direction but move with great magnitude.

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

Good Investing,

Stephen Bigalow

Did you know what the interest rate results would be from the Fed announcement? Did you know what the interest rate results were going to do to the market? How would we know? But the markets tell you what investor sentiment felt about the interest rates results followed by the Fed comments. The major advantage of candlestick charts reveal exactly what investor sentiment is doing based upon external events. Although the Dow traded positive most of the day, the true investor sentiment was illustrated when the indexes started trading back below the opens. This information produces strong evidence that the downtrend is likely to remain in progress. At best, the markets may be moving sideways. But in either case, having both long and short positions in the portfolio is aviable strate remember, you can listen to dozens of talking heads on the financial news stations, but there is only one true analytical factor. That is the market itself. That is exactly what candlestick analysis produces. Exactly what is occurring in investor sentiment. Join us Saturday, March 25 for a full day training on how to utilize the correct option strategies for the appropriate candlestick signals and patterns. You will gain insights that provide a much more confident trading strategy, greatly reducing the guesswork on establishing trades. Click here to register.

Good Investing,

Stephen Bigalow