The candlestick T-line rule continues to produce strong profits. If you have the problem of taking profits just to take profits and then realizing you took profits way too early, the candlestick T-line rule eliminates that problem. As long as a price trend stays above or below the T line after candlestick reversal signals, the probabilities are extremely strong the trend will continue. This is been evident in our recent short positions,ARCT, INMB, BILI, CLSK, CHWY, as well as others. How long do you stay in a short position ? Simple! Until you see a candlestick buy signal and a close back up above the T line.

EYES is another example of how powerful candlestick breakout signals identify potential strong price moves. The kicker signal became evident as the price on Friday traded around the $2.90 level. That same process identified our OCGN trade at $0.73 and eventually close it out in the $17.50 area. The rhetorical question is always, will all breakouts produce huge price moves? definitely not, but it does put you in situations where the probabilities of being in a big price move is greatly in your favor. The probabilities are also enhanced by using the RARE process, investigating what news because the breakout and then evaluating whether that information was going to continue to stimulate bullish sentiment. Know and understand candlestick signals and you will dramatically improve your trading abilities.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Candlestick analysis produces extremely high probability trade patterns. The bearish J-hook pattern has produced good profits in this current downtrend. The bearish J-hook pattern produces high probabilities of a downtrend direction as well as enhanced profitability. The magnitude of a pattern movement is dramatically stronger than merely a down-trending stock price during a market downtrend.

The T line rule is still in progress, the markets are in a downtrend. Stay short in bearish positions that continue to as well as below the T line. The inflation comments may have a lingering effect on investor sentiment, with the passing of another stimulus bill adding fuel to the fire. Stay predominately short, numerous bearish J-hook patterns working effectively.

The bearish J-hook patterns provide additional strength to the downside. CLSK is demonstrating a Blue Ice Failure, giving it more bearish credence. Using this additional information greatly improves your probabilities of being in a correct trade as well as a strong profitable bearish trade. Our current short positions have a very simple trading strategy. Stay short until you see a reversal signal and a close back up above the T line. This simple trading strategy allows investors to discipline themselves to not take profits too early, just because they have a profit. Join us Saturday for the Power Tade training, utilizing the instant visual combination of indicators to improve your trade probabilities.

Chat session tonight at 8 PM ET with Guest Speaker Jeff Tompkins. Click here to register.

Good investing,

The Candlestick Forum team

The bearish sentiment of the market was pretty well-negated Today. Although the Dow did not do a bullish signal, it closed back up above the T line. The NASDAQ produced a Best friend signal, bouncing off the 50 day moving average area, and closed above the T line. This may not necessarily indicate a new bullish trend but it did illustrate the bearish sentiment was probably eliminated. This allows for identifying the strong candlestick by pattern breakouts, such as the classic pattern, J-hook patterns, and fry pan bottom pattern breakouts to produce excessive profits. There were numerous best friend signals produce today. These are the charts that have illustrated strong reversals.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

The candlestick charts would have put you in good short trades over the past few weeks. Yesterday’s bullish trading in the Dow, breaking out into new high territory, acted as an alert. It had the possibility of being the last gasp buying in an uptrend. Although the Dow was trading above the T line, the NASDAQ and the S&P 500 had been trading below the T line. Our chat room morning comment warning was to be careful of strong selling in the Dow, after yesterday’s strong breakout buying at the top. Today’s selling gave back all of yesterday’s bullish trading and then some in all the indexes. This is a very powerful candlestick reversal indication. The NASDAQ and the S&P 500 implemented the strategy of having both long and short positions in the portfolio. It was evident there were as many more good short trades developing than long trades. This allows for a very simple trading strategy for the past few weeks. Add short positions to the portfolio and start closing out long positions that were showing sell signals and/or weakness in overbought areas.https://youtu.be/x7oSqYFpRN8

Candlestick analysis alerts an investor of changes of investor sentiment. Analyzing what the candlestick signals and patterns are revealing in the market indexes overcomes most investors bullish enthusiasm. Do what the charts are telling you is occurring in investor sentiment and you’ll have your trade positions in the correct direction an extremely high percentage of the time. This is based upon a very simple premise. The Japanese rice traders have identified when investor sentiment is changing. Use this to your advantage. Join us tonight in our chat session identifying the common sense applications of stop losses utilizing candlestick analysis.

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

Good investing,

The Candlestick Forum team

The markets revealed the change of investor sentiment over the past two weeks of trading. Note the number of Doji’s that occurred in the Dow. Also note the resistance level the Dow could not seem to get up through. At the same time, the NASDAQ had gap down through the T line. Remember the T line rule – a close below the T line dramatically improves the probabilities the bears are in control. When seeing a close below the T line, the portfolio positioning strategy should be changing immediately. Start taking profits on long positions that are showing potential reversal signals and simple scanning techniques will start identifying which positions to short.

PYPL had formed a bearish left/right combo that closed right on the T line on Friday. This was after Doji signals revealed a reversal was coming. This provided a very simple shorting strategy. The bearish left right combo is an extremely high probability bearish signal. A lower open would confirm the signal as well as illustrate the T line was not going to act as support anymore. Applying the candlestick simple logic allows an investor to be in the right positions at the right time with a high degree of accuracy. Join us Thursday night for our free chat session on when to take profits.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Adding short positions to the portfolio was advertised in the nature of the market indexes. The last two weeks have demonstrated indecisive trading in the Dow. Although it has not yet closed below the T line, each day has demonstrated an indecisive trading signal i.e. Doji’s, hanging man signals. At the same time, the NASDAQ was starting to show indecision but has been more bearish due to it actually closing below the T line. Moving to take profits was made more obvious based upon the changing nature of the market in general. Candlestick signals and patterns provide that visual confirmation well ahead of the actual markets starting lower. The immense amount of information built into each candlestick formation allows the candlestick investor to make much more appropriate decisions well before the overall markets showed definite changes.

When the market is not showing decisive trading, especially in the overbought condition, common sense candlestick analysis allows for shifting a portfolio from predominately long positions to taking profits and adding short positions. This can be easily identified as recommended in going short on bearish chart patterns. AAPL was forming a dumpling top and closing below the T line. ARCT close below the T line last week, forming a potential bearish scoop pattern. SPCE,IMMR and PLCE became short recommendations because of closing below the T line. This is a powerful statistical probability. Witnessing a price closing below the T line dramatically improves the probabilities a downtrend is now in progress. Taking advantage of bearish patterns and a close below the T line dramatically improves profitability by having trades positioned in the correct direction. The Candlestick Forum POWER TRADE training session scheduled for this Saturday has been postponed due to Houston weather.

Chat session tonight at 8 PM ET. No registration needed, click here to connect.

Good investing,

The Candlestick Forum team

Another Doji type day in the markets. Although the NASDAQ is trading slightly positive, it is doing an indecisive trading day. The Dow is trading slightly lower but also indicating another Doji day. This indecision warrants keeping safety stops close. It also implies adding some short positions to the portfolio. Be prepared to start shifting from long to short positions. AAPL, AMZN in slow downtrends. NVDA is the only biggie trading positive. This implies an indecisive nature occurring in overall investor sentiment. Having the ability to identify indecisive trading occurring in the overall market allows candlestick investors to get prepared for shifting the orientation of the portfolio. It allows for taking profits in long positions that are starting to show weakness as well as adding short positions into the portfolio. This creates a simple common sense trading strategy, moving the portfolio toward the overall direction of the market.

SAVA provides a strong opportunity for shorting in a market that is now not illustrating any great bullish sentiment. Add the fact that it had a parabolic uptrend that is now getting sold off dramatically provides the opportunities for high probability/high-profit short positioning.

DKNG is another short position prospect based upon a strong candlestick reversal signal in the overbought condition, followed by today’s close below the T-line. LL also illustrates a high probability short trade. Note the failure at the 50 day moving average. This demonstrates a strong bearish pattern called the blue ice failure. Today’s Doji provides an excellent short entry positioning. A lower open would reveal a bearish Doji sandwich, making the 200-day moving average the next likely target. Price movement analysis is greatly enhanced by knowing what investor sentiment will produce as far as high probability trades signals. Join us in the Candlestick Forum chat room where numerous eyes identify the high probability trades setups.

The McMuffin pattern demonstrated the uptrend in the market indexes were going to continue. This knowledge allows for taking advantage of huge potential price moves. Pattern breakouts are not going to be inhibited by any concerns of bearish sentiment in the markets. This market condition allows for the breakouts to produce inordinately strong profits. Candlestick simple scanning techniques pinpoints where these strong price moves are likely to occur, candlestick pattern breakouts. This is been illustrated numerous times over the past few weeks with daily returns on individual stock charts producing 15%, 30%, 50% profits, with our position in OCGN up 201% today. Have you often wondered how other investors seem to be participating in the big profit moves? Candlestick charting techniques allow YOU to be in the big profit moves!

The big percentage move over the past five trading days in OCGN is producing the GME affect. Investors are seeing strong price moves occurring in the biotech stocks, especially those associated to the vaccines. This is producing good profit trade set ups in other biotech stocks. Investors not wanting to miss out! When you utilize the candlestick patterns, you have to major benefits! First, the candlestick breakout signals indicate when something new is occurring in a specific company and secondly, the RARE process allows investors to research what was causing that new breakout interest in the stock price. This simple combination dramatically improves the probabilities of being in the right place at the right time. Stocks such as CLSN, VBIV, ENLV and LIFE have dramatic upside potential. The Candlestick Forum has been advocating being heavily invested in the electric vehicle sector as well as the biotech sector. Candlestick scanning techniques immediately identify which stocks have new bullish sentiment coming into the price with great enthusiasm.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Today’s positive trading is producing a bullish McMuffin pattern in the Dow, a strong signal implying the uptrend will remain in progress. Numerous fry pan bottom breakouts are producing inordinate profits. The classic pattern, a fry pan bottom pattern followed by a J-hook pattern, are also producing high probability trades. As long as the indexes continue to trade above the T line, take advantage of the pattern breakouts. There have been numerous fry pan bottom breakouts over the past two weeks, creating 10%, 15%, 30%, and greater one day profits. The pattern set ups allow candlestick investors to be in the right place at the right time.

The second phase of the fry pan bottom breakouts is in progress. Numerous fry pan bottom huge price moves have already consolidated and started back up, forming the classic pattern. The classic pattern is merely a strong price move created by the fry pan bottom breakout, the consolidation, and then the appearance of the J-hook pattern starting the next wave to the upside. Knowing what occurs over and over in human nature allows the candlestick investor to take advantage of price moves that not only have a high probability of being profitable but also inordinately profitable. The probabilities of being in a high profit trade are enhanced by the Candlestick Forum’s RARE program. Next week, a 12 page e-book will be available FREE to Candlestick Forum members illustrating how to utilize the RARE process, and how it can be applied to the strong sectors, such as the electric vehicle sector, for short-term and long-term trades. Candlestick analysis allows for pinpointing which pattern set ups are going to produce the biggest potential profits in these market conditions. Make hay while the sun shines!  www.stephenbigalow.com/rare

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

Good investing,

The Candlestick Forum team

Candlestick pattern breakouts are excellent alerts! What was revealed in the Fry Pan bottom breakout in GME? It revealed there was a major change in investor sentiment. Are you always going to be able to participate in a stock price that goes from $20 to $500 in the matter of two weeks? The benefit of candlestick analysis is it puts the probabilities of being in that type of trade much greater. High probability! Candlestick charts allow investors to identify high probability/high-profit pattern results.

A candlestick pattern breakout provides investors with a high probability the direction of the trade is correct and the pattern breakout usually produces high-profit results. What further enhances the probabilities is the utilization of the Candlestick Forum RARE program. Research Analysis Reverse Engineering! Very simple, it allows for investigating what caused the pattern breakout. News items, some news items are relevant, indicating there’s going to be much more upside potential based upon new elements of the fundamentals of a company. Some breakouts will not be powerful, an analyst upgrade, merely a temporary change of stock supply and demand. The evaluation of whether a new price trend might be sustained is as simple as utilizing the T line. A position can be maintained as long as it stays above the T-line.

The Candlestick Forum chat room becomes an excellent source of high-profit trades. Numerous investors, all watching for the same pattern breakouts, produces a trading opportunity for identifying a major change of investor sentiment for profitable trades. Join us, you gain a huge advantage when identifying new strong buy signals. If interested in joining our members area click here.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team