Although the Dow was up strong today, it did not change the sideways trajectory of the Dow. Add the factor’s that the NASDAQ, S&P 500, and the transportation index continue to trade sideways as well as below the T-line, and there is not any major trend movement in this market. However, the advantage of analyzing candlestick charts is having the ability to scan for the individual stocks that are having the strongest bullish or bearish signals/patterns. This allows for continuing to make good profits even though the overall market trend is sideways. J-hook patterns and kicker signals are still producing good bullish profitability as well as strong bearish best friend signals producing good strong short trade profits. Simple candlestick scanning techniques pinpoint good trades when utilizing the universe of 9500 trading entities.

Chat session tonight at 8 PM ET.

Good Investing,

Stephen Bigalow

Power trades can be enhanced by knowing the direction of the overall market. The downgrade of the US treasury bonds created strong selling in the market indexes on Wednesday, closing the indexes below the T line. Today the indexes tried to come back up above the T-line, but the T-line acted as a resistance level. This implies the sellers are in control. However, stronger-than-expected earning reports have produced numerous bullish kicker signals. This makes the direction of the market tomorrow important. If the market, especially the Dow, opens lower, it will create a Dagwood signal. The Dagwood signal is an evening star signal followed by a bearish Doji, an evening sandwich. However, if the markets open positive and trade positive into the end of the day, that would illustrate a sideways market, making long and short positions viable trades. In investors, analysis becomes greatly improved by knowing the price movements in specific stocks/sectors based upon the combination of the overall market trend analysis and the strong buy or sell signals in each individual stock. Join us tonight in the candlestick forum chat room to analyze which stocks appear to have the best high-profit power moves.

Chat session tonight at 8 PM ET. Click here to register.

Good Investing,

Stephen Bigalow

Summer doldrums? Who cares! the advantage of candlestick analysis is allows investors to identify which stocks/sectors are having the strongest price moves. Currently kicker signals are producing very strong profitability to the upside. Dumpling tops are producing good profits to the downside. The major advantage of candlestick analysis is that it allows investors to identify which stocks last sectors are getting the strongest bullish or bearish sentiment. This is based upon candlestick signals and patterns that have produced high probability results over the last four centuries.

Chat session tonight at 8 PM ET.

Good Investing,

Stephen Bigalow

A basic statistical observation of the Japanese rice traders anticipated the market reversal. A market reversal/price reversal is highly likely to occur after eight consecutive bullish trading days. Why does this work? Human nature! The selling became obvious late in the day when the Dow started trading back through the halfway point of yesterday’s candle and more compelling when it started trading below the previous day’s open. Seeing this occur allows the candlestick investor to start taking profits at the appropriate times. The NASDAQ opened positive but immediately started trading lower to the point where it closed below the T line, forming a bearish left/right combo, one year most vital candlestick reversal signals. This provides the opportunity to start shorting positions. Everything built into a candlestick chart has meaningful expected results. Once you learn candlestick signals and patterns, you become mentally prepared for taking profits and moving trades in the opposite direction. Join us tonight as we analyze which bearish trades provide the biggest opportunities.

Chat session tonight at 8 PM ET. Click here to register.

Good Investing,

Stephen Bigalow

Strong short trades make much more sense in these market conditions. Strong short trades have already been identified, usually with bearish best friend signals or bearish kicker signals. The Dow has had 11 positive trading days in a row. The Japanese rice traders have observed that eight positive trading days will usually produce a high probability of a profit-taking reversal. The market conditions in the Dow may be buying the rumor/selling the news based upon the feds, likely to increase interest rates by another quarter percent. Although the Dow has been moving positive, the S&P 500 has traded relatively flat, and the NASDAQ is demonstrating bearish signals. When the probability of a reversal in the markets increases, adding more long positions becomes less enticing. However, short solid trades have the benefit of the signals themselves producing good probabilities of more downside, which would now be enhanced if selling starts forming in all the indexes. This is merely simple logic utilizing the expected results of what human nature is likely to do when trends get overextended

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Good Investing,

Stephen Bigalow

Although the Dow is trading higher, the graphics candlestick signals reveal that you’re starting to see shadows/wicks to the upside, meaning the bullish sentiment is weakening. This becomes more relevant when occurring in the overbought condition. Add the fact that the NASDAQ and the S&P 500 sold off hard today and closed below the T line There are approximately six candlestick graphic indicators that add to the analysis of when there is a change occurring in investor sentiment. A number of these indicators started showing bearish today. Although the banking sector continues to show strength, other sectors, like the semiconductors, are starting to show weakness after strong steady uptrends. The candlestick investor has a huge advantage of witnessing when changes of investor sentiment are occurring not only in the overall market but also in individual stock charts. Learn how to take advantage of these insights, knowing when to take profits even though there has not been a full-fledged individual candlestick reversal signal. Join us on Saturday, July 22 for the ultimate candlestick training, applying the information built into signals that indicate when a change is coming. You will gain valuable insights that will improve your trading for the rest of your life. Click here to register.

Chat session tonight at 8 PM ET. Click here to register.

Good Investing,

Stephen Bigalow

Market trend analysis is the first step for applying successful trades. Market trend analysis, using candlestick signals, allows in investor to know which bullish or bearish force is going to influence profitable trades. Currently, the uptrend remains in progress because of a simple trading parameter, the indexes are trading above the T-line. This is allowing for the strong candlestick signals to continue to produce profits. Join us Saturday, July 22 for a full day training on the ultimate candlestick trading process. This involves correctly analyzing the market trend, identifying candlestick signals and patterns, identifying the strongest candlestick signals and patterns and then applying the trading techniques that take advantage of the price moves, i.e. buying stock positions, option positions, and/or options spreads. This current uptrend is climbing the wall of worry, indicating a very stable bull market. The prospect of inflation diminishing appears to be the catalyst.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

The visual aspects of candlestick charts allow investors to identify the bullish sectors immediately. This allows for a completely different perspective on how to invest. You don’t have to listen to analysts or gurus anticipating the next strong bullish sector, you can immediately identify when investor sentiment is coming into a sector. When you utilize the strong candlestick reversal signals, such as the best friend and kicker signals, you can immediately identify when major bullish or bearish sentiment is coming into a price move. The advantage is seeing bullish sectors confirming immediately versus waiting weeks, months, or years hoping somebodies prognosis was correct. Big profits have been made in artificial intelligence. Candlestick charts allow for confirming whether the rhetoric of the talking heads is confirming. The candlestick charts tell you exactly what is happening in investor sentiment, the actual decision-making.

Chat session tonight at 8 PM ET in the meta-stock room. Click here to register.

Good Investing,

Stephen Bigalow

The market’s sideways mode still indicates indecision based on Fed announcement expectations. However, this does not deter from using simple scanning techniques to find price breakouts. As illustrated today in our chat room, IEP was immediately identified as a fry pan bottom breakout with a best friend signal through the 50-day moving average. These price breakouts produce expected further price movements. This is based upon a straightforward premise. After identifying a price breakout, the Japanese rice traders have identified what to expect. You can dramatically improve your probabilities of being in the right direction at the right time and in price moves that will produce excessive profits. Learning candlestick signals and patterns significantly improves your probability of identifying when new investor sentiment is coming into a stock price move. You do not have to be a sophisticated technical analyst to take advantage of what the Japanese rice traders have provided regarding graphics that illustrate high-probability trade setups.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

Although this week is not a relevant trading week because of the holiday in the middle of the week, there is evidence that investor sentiment is changing, producing a market top. A typical investor sentiment price move is when a pattern such as a J-hook pattern is set up, as illustrated in both the Dow and the NASDAQ but fails to reach a new high. This now becomes the prospect of a double top versus a pattern breakout. The substantial employment numbers provide the prospect of the feds raising interest rates to slow down the economy. However, simple scanning techniques allow for identifying which strong bullish moves are still in progress and the best bearish moves if this market continues its downward trajectory.

Chat session tonight at 8 PM ET. Click here to register.

Good Investing,

Stephen Bigalow