August 31st Daily Market Comments

The Bullish trading Yesterday confirmed the market indexes Left/Right Combo Signals. The downtrending channel of the past month was breached to the upside yesterday, confirming the Left Right combo. This produce high probabilities that prices were moving higher. Knowing the high profit signals, such as the Doji Sandwich that is forming in NVDA and JKS, or the slow curve pattern that developed in CLMT, puts the candlestick investor and not only the right direction at the right time but also in trade set ups that will produce excessive returns. Currently, it has to be assumed the uptrend should be in progress, the probabilities indicate a wave three.