Archives for July 2023

Market trend analysis is the first step for applying successful trades. Market trend analysis, using candlestick signals, allows in investor to know which bullish or bearish force is going to influence profitable trades. Currently, the uptrend remains in progress because of a simple trading parameter, the indexes are trading above the T-line. This is allowing for the strong candlestick signals to continue to produce profits. Join us Saturday, July 22 for a full day training on the ultimate candlestick trading process. This involves correctly analyzing the market trend, identifying candlestick signals and patterns, identifying the strongest candlestick signals and patterns and then applying the trading techniques that take advantage of the price moves, i.e. buying stock positions, option positions, and/or options spreads. This current uptrend is climbing the wall of worry, indicating a very stable bull market. The prospect of inflation diminishing appears to be the catalyst.

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

Good Investing,

Stephen Bigalow

The visual aspects of candlestick charts allow investors to identify the bullish sectors immediately. This allows for a completely different perspective on how to invest. You don’t have to listen to analysts or gurus anticipating the next strong bullish sector, you can immediately identify when investor sentiment is coming into a sector. When you utilize the strong candlestick reversal signals, such as the best friend and kicker signals, you can immediately identify when major bullish or bearish sentiment is coming into a price move. The advantage is seeing bullish sectors confirming immediately versus waiting weeks, months, or years hoping somebodies prognosis was correct. Big profits have been made in artificial intelligence. Candlestick charts allow for confirming whether the rhetoric of the talking heads is confirming. The candlestick charts tell you exactly what is happening in investor sentiment, the actual decision-making.

Chat session tonight at 8 PM ET in the meta-stock room. Click here to register.

Good Investing,

Stephen Bigalow

The market’s sideways mode still indicates indecision based on Fed announcement expectations. However, this does not deter from using simple scanning techniques to find price breakouts. As illustrated today in our chat room, IEP was immediately identified as a fry pan bottom breakout with a best friend signal through the 50-day moving average. These price breakouts produce expected further price movements. This is based upon a straightforward premise. After identifying a price breakout, the Japanese rice traders have identified what to expect. You can dramatically improve your probabilities of being in the right direction at the right time and in price moves that will produce excessive profits. Learning candlestick signals and patterns significantly improves your probability of identifying when new investor sentiment is coming into a stock price move. You do not have to be a sophisticated technical analyst to take advantage of what the Japanese rice traders have provided regarding graphics that illustrate high-probability trade setups.

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

Good Investing,

Stephen Bigalow

Although this week is not a relevant trading week because of the holiday in the middle of the week, there is evidence that investor sentiment is changing, producing a market top. A typical investor sentiment price move is when a pattern such as a J-hook pattern is set up, as illustrated in both the Dow and the NASDAQ but fails to reach a new high. This now becomes the prospect of a double top versus a pattern breakout. The substantial employment numbers provide the prospect of the feds raising interest rates to slow down the economy. However, simple scanning techniques allow for identifying which strong bullish moves are still in progress and the best bearish moves if this market continues its downward trajectory.

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

Good Investing,

Stephen Bigalow