Although the retail earnings are coming out this week, the overriding influence is the summer doldrums. The revenues related to Walmart and Target may offset each other. This should not produce any excellent market movement when the summer doldrums of the relevant factors. However, this does not preclude having simple candlestick scanning techniques that identify powerful bullish and bearish solid charts. The force of human nature, illustrated in candlestick charts, overrides a lethargic market trend. The Candlestick Forum constantly teaches how to identify the most substantial price movement potentials. When the markets move sideways/drifting, the candlestick investor still has a good supply of strong trade setups.
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Good Investing,
Stephen Bigalow
