Archives for April 2023

Breakout patterns dramatically reduce the fear of getting into big price moves. Breakout patterns can be entered much more accurately upon witnessing a breakout pattern and then going to the 10 minute chart. This becomes very effective going into earnings. Today’s positive trading in the Dow in the S&P 500 did not produce bullish reversal signals, but the positive trading did indicate that there was going to be more possible upside in the markets but the lack of candlestick reversal signals provide to caution that the uptrend may not be a full-fledged uptrend. Watch to see what happens at the first major resistance levels. However, the NASDAQ has produced a strong bullish reversal, implying the market is going to produce good bullish trades in specific sectors as well as good bearish trades in other sectors. Microsoft has produced a bullish flutter kicker signal. Join us tonight on identifying the three kicker signals that have the probabilities of producing strong price moves. This information allows an investor to take advantage of a market trend move by finding the strongest trending stocks during the price move.

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

Good Investing,

Stephen Bigalow

Strong trend reversal signals are illustrated when there is indecision in either the overbought or oversold condition. A strong trend reversal signal is being illustrated in the Dow with a series of Doji’s. The Japanese rice traders teach us that when you start seeing indecision, expect a change of direction. Additionally, the NASDAQ is currently trading below the T line, improving the probability the bears are beginning to take control. In these market conditions, you want to use the most vital candlestick signals and patterns. As illustrated, the best friend signal was identified on Friday in CYH, producing the prospect of war upside. Also, the bearish flutter kicker signal reviews new downtrends in ZION and TFC. Knowing the strength of each candlestick’s signals and patterns allows investors still make good profits even when the market is not showing any direction. There are approximately 15 top-ranked candlestick signals and patterns that greatly improve the analysis of the trend direction as well as a powerful price move in that direction. Join us Thursday for training on the kicker signal, the strongest of the individual candlestick signals.

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

Good Investing,

Stephen Bigalow

Accurate trend analysis is greatly enhanced when using candlestick signals and patterns. Accurate trend analysis is based on identifying what investor sentiment is doing at technical levels that everybody else is watching. The Dow, after a week of indecisive trading, Doji’s and hanging man signals in the overbought condition, has finally close back below the T-line. This produces an extremely high probability the Bears have now taken control. The evidence was also demonstrated in the NASDAQ and S&P 500 with positive trading occurring after the open but eventually trading back below the open. The indexes, all closing below the T-line, provide much more accurate trend analysis capabilities. Candlestick signals and patterns provide much greater probabilities of existing trends continuing in spite of a change of overall market direction. But more profitably, identifying patterns, such as bearish patterns, that will work more effectively in the same direction as the overall market, example is the dumpling top. Join us Saturday for a full day training on how to utilize the most powerful candlestick signals to enhance trading profits. Learning how to utilize a handful of these patterns will allow an investor to gain control of their own trading profits capabilities.

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

Good investing,

Stephen Bigalow