Accurate trend analysis is a simple process when using candlestick charts. Accurate trend analysis is important whether daytrading, swing trading or long-term positioning. The probabilities are greatly improved by knowing the direction of the overall market, which would further enhance the confirmation of candlestick signals. Currently, the market indexes are in a consolidation stage but the nature of the indexes, illustrated by Doji’s, demonstrates a lack of decisive selling. When the signals occur at major support or resistance levels, the candlestick investor gets a much more clear evaluation of what the trend is likely to do. Accurate trend analysis puts the stars in alignment. Knowing the direction of the overall market using simple scanning techniques allows for identifying which sectors are acting the strongest during that trend. That can further improve investment probabilities by identifying the strongest chart patterns of individual stocks in that sector. This is the basis of candlestick analysis. It consistently puts the probabilities in your favor. Join us for our two-week free trial, allowing investors to experience the logic of our stock picks each day and expediting the candlestick learning process in the daily chat rooms. This is where good trade setups are posted by experienced candlestick traders as well as learning quickly why those trades are good potential.
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Good Investing,
Stephen Bigalow
