April 9th Daily Market Directions

Morning Member Comments

What allows you to be in the correct trades at the correct time? Recognizing candlestick reversal signals and patterns. If you listen to the news or analysts, you’re going to be wrong most of the time. If you look at candlestick charts and understand what the signals illustrate, you will be correct most of the time. This is what makes the emotions out of your investing. Currently the J-Hook pattern remains in progress in the indexes. Be predominately long and watch to see what happens when the indexes get to the 50-day moving average.

 

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