The market indexes are showing some divergence. The Dow may be forming a sideways wedge formation while the NASDAQ and the S&P 500 have formed bobble breakouts, a high probability J-hook pattern setup. This implies is likely to be more upside. This indicates some sectors will act very bullish while others are performing bearish. These market conditions make for having both long and short positions in the portfolio. The strong signals such as the kicker signal and best friend signals are producing powerful price moves. Tonight we will demonstrate how the J-hook patterns have high probability trades and high profit trades.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow
