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
