The direction of the market has been indecisive for the past three weeks. Yesterday’s trading broke the T line, but as witnessed in the Dow, it supported at the 50-day moving average. Today’s positive trading produced a bullish Harami, indicating the selling has stopped. But this does not mean the buying has started. The stochastics are still in a downward trend and the indexes closed back below the T line. This would imply the markets probably waffling between the T line in the 50-day moving average until the stochastics show oversold. This may take a week or two to complete. However, long positions and short positions can remain intact as long as long positions continue to trade above the T line and short positions continue to close below the T line. The T line is an extremely high probability trend factor.

GME is the spotlight for market commentary this week. The Robin Hood traders have created a short squeeze that has taken the price from $20 a share to where it touched $500 a share after four days of trading. As with other strong price moves that have occurred over the past two weeks, GME uptrend started with a fry pan bottom breakout. This candlestick pattern produces powerful ramifications. The probabilities of a price move heading in the bullish direction are extremely strong coming out of a pattern breakout. Additionally, the magnitude of the price move is usually very strong. When the markets are in an indecisive trading mode, utilizing candlestick pattern breakouts continue to produce good profitability without being affected by the general market direction. This is where the Candlestick Forum RARE program adds more credibility to a price move. It is merely a simple analysis, investigating whatever news item because the breakout of a pattern, to verify the news announcement will warrant more upside potential. As with all candlestick analysis, it is based upon mere common sense. Join us this Saturday, January 30 for a mini spotlight training on how to utilize the RARE program to your advantage. You will get more information than you expect. This 90-minute training session will expose you to a common-sense investment process that will dramatically improve your trading for the rest of your trading career.www.stephenbigalow.com/rare

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

Good investing,

The Candlestick Forum team

The nature of the market? Why is this important to you as an investor? Notice that big price moves today are occurring in pattern charts that have already had big moves out of fry pan bottom’s can J-hook patterns. The small-cap stocks are producing strong profits while the Dow and S&P 500 stocks are trading relatively flat. Numerous fry pan bottom patterns are producing big profit breakouts. Strong bullish investor sentiment is still evident in the strong sectors, electric vehicles and biotech’s. This Saturday’s spotlight mini training will demonstrate how the candlestick forum’s RARE program identifies the strongest stock trade potentials in the strongest sectors.

The big price moves experienced today is coming from pattern breakouts, fry pan bottom’s, in the strong sectors. IPWR, a fry pan bottom breakout late last week was up an additional 48% today. Take advantage of the pattern set ups that are produced by reoccurring human nature reactions. Strong bullish sandwich potential is seen in FUBO, CLNE and NCTY on positive opens tomorrow. Bobble breakouts set ups are seen in ALEC and ZM. These are all high probability/high profit trade set ups. The candlestick investor has a huge advantage of knowing what the likelihood of a price move will be based upon signal/pattern set ups. As long as the market indexes continue to trade above the T line, the strong price move breakouts from candlestick patterns have much greater probabilities. A pattern breakout provides to major advantages. The direction of the price move is highly predictable and the price move is usually inordinately strong.
Join us this Saturday, January 30 for an in-depth training on how the RARE program visually identifies the big price move potentials.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Candlestick analysis is merely common sense investment perspectives put into a graphic depiction. The candlestick forum is enhancing that concept with the RARE program, research analysis reverse engineering. It can be used very effectively in extremely strong sectors that has technology leapfrogging over itself, putting companies with the latest improved technology ahead of its competitors. The electric vehicle sector is experiencing that right now. The biotech area is also a very strong area where technology improvements are creating dramatic price moves in individual companies. The RARE program is a simple process for identifying when dramatic new bullish sentiment is affecting a stock price. This leads to merely researching what has been announced that may continue to put a company ahead of everybody else in that sector. Will this lead to 700% price increases as seen in Tesla, or 1000% increases as seen in NIO. Not necessarily, but it produces a trading strategy that identifies companies that might now have big percent price moves because of their improvements in a sector.
Click here to register

The RARE program is also very effective for identifying which sectors are being influenced bullish or bearish upon outside influences. Obviously, the current outside influence is a new administration’s policies. It becomes very easy to identify which sectors are going to be affected one way or the other. Currently, green energy related sectors are going to act positive. The oil sector appears to be heading into a bearish mode. Research analysis reverse engineering is not a difficult process, it is merely being alerted to something new happening in a companies fundamentals and then researching what that new information means to more upside potential. Join us January 30 for a comprehensive training on the logic and use of research engineering. It would definitely add to your perspectives for which areas will produce potentially the biggest profits. Try our free sample. Join the candlestick chat rooms for a two week guest pass. This will allow you to experience the information that is being provided in the room to help everybody participate in profitable price moves.
Click here to register

Chat session tonight at 8 PM ET, applying the RARE common sense analysis. Click here to register.

Good investing,

The Candlestick Forum team

Simple logic! If the markets are still trading flat to slowly upwards, candlestick charts clearly indicate which sectors are getting bullish sentiment. Currently there are dramatic technology improvements occurring in the electric vehicle sector. Take advantage of our free sample, a two week guest pass to our daily chat rooms. You will find an immense amount of logical information being attributed to high profit trade set ups. If you do not have the time to spend hours each day analyzing which companies in a strong sector is going to have better technology advancements than their competitors, candlestick analysis provides that information for you. Even with the sideways mode of the general market, indicating some sectors trading higher while other sectors are trading lower, simple candlestick scanning techniques pinpoint which sectors have the strongest bullish sentiment.

TSLA is up over 700% over the past year. Is it overbought? There are some expert analysts that advised that Tesla was overbought/overpriced at $235. This is a good example of why you don’t listen to so-called experts, you let the charts tell you what the price is doing. Technology advancements are occurring very rapidly in the electronic vehicle industry. Currently, electric vehicles make up 1% of the total automobile market. It can be assumed that consumer acceptance is growing very rapidly for alternative energy automobiles. If the alternative energy vehicles move up to 2% to 3% of the total market, that is going to indicate huge expansions in that sector. But what if this sector grows to 30% of the total automotive market. Which companies technology are going to make those companies leaders in the growth of this sector? That is what the candlestick RARE program will identify immediately and allow for being in strong price moves at the appropriate time. Take the guesswork out of being in the right place at the right time. As a member of the Candlestick Forum, you will receive a constant flow of updates of whose technology is moving ahead. If you would like to become acquainted with the common sense trading aspects of candlestick analysis, take advantage of our two week free sample.https://www.stephenbigalow.com/free-pass-2021

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Do you know when to take profits? Most investors want to learn when it is time to buy but very few investors are taught when to sell. The candlestick forum provides a common-sense analysis that both reveals when it is time to be buying and when it is time to be selling. Join us this Saturday, January 16, for a full day of training on when the probabilities are indicating it is time to sell. Candlestick analysis provides six very compelling indications of when to start taking profits. This may be highly relevant due to the market indexes starting to show weakness, the uptrend beginning to look tired. Although there are still some very strong sector moves, candlestick logic reveals when it is time to take profits in one sector/stocks and rotate either into new strong sectors or adding short positions to the portfolio. If you want to have full control of your investing, knowing the appropriate times to be buying and the appropriate times for taking profits, join us this Saturday, January 16, for a comprehensive analysis of when candlestick charts reveal the probabilities starting to go against a bullish position. You will not be disappointed, you will gain insights that you can utilize for the rest of your investment career. Click here to register.


The markets are showing some weakness, the indexes selling off hard going into the close today. This was after a number of days where the uptrend appeared to be stalled. The graphics of candlestick charts reveal an immense amount of information. Profitability is dramatically improved when you as an investor know when to start moving out of profitable trades. The graphics of candlesticks greatly reduce the emotional decision-making when closing profitable trades. The electric vehicle stocks remain in a good uptrend as most of those stock prices continue to trade above the T line. Oil stocks and specific biotech stocks continue to act very well. OXY, as seen in the chart, has a high probability of continuing wave three. This is evident in numerous oil-related stocks, clearly indicating that the sector is being bought across-the-board. The advantage candlestick scans provide is identifying which of those stocks have the greatest upside potential. That same scanning process allows investors to identify which sectors have the most upside potential, then identifying which stocks in that sector have the best upside potential. This is putting all the stars in alignment. Join us this weekend and take advantage of the common sense that is built into candlestick charts.http://www.stephenbigalow.com/profit-taking-101

Chat session tonight at 8 PM ET with Guest Speaker Mark Sebastian.Click here to register.

Good investing,

The Candlestick Forum team

When to take profits! Join us this Saturday, January 16 for a full day of comprehensive training on the high probability profit-taking strategies produced by the simple visual analysis of candlestick. You do not have to be a sophisticated technical analyst to take advantage of the information revealed in candlestick charts. It becomes very obvious when investor sentiment is changing. So obvious it is like hearing somebody in a nudist camp say ” Boy, I would sure like to see her in a tight sweater.” Join us this Saturday. You will get more information than you expect.

An assumption, the electric vehicle industry is not only here to stay but likely has a huge market potential over the next few years. This makes simple candlestick scanning techniques valuable to the short-term trader as well as a long term investor. The electric vehicle industry is growing rapidly. Why? Two important elements! First, the general public favors electric vehicles that do not create pollution. This is the most powerful aspect of the popularity of electric vehicles. Secondly, technology! The technology advances in the power generation/batteries of electric vehicles are advancing exponentially. Simple candlestick scans will continue to illustrate which companies in this sector is producing the best technology. There will be many short-term, as well as long-term recommendations in this area. The Candlestick Forum will be providing a new service directly oriented toward the electric vehicle trading sector. Because technology is moving so fast in that industry, the candlestick charts will allow for reverse engineering analysis to identify which companies are advancing faster than others, producing better trading opportunities. This can be applied to the short-term trader as well as the long term investor.

The hanging man signal on Friday in the indexes revealed the potential of profit-taking/reversal if the indexes traded lower today. Profit-taking would be more implied based upon the indecisive candle that has formed in the indexes today. This still indicates the potential for more profit-taking, probably back down to the T line, but not indicating a full-scale reversal of the market trend. The strategy remains simple, stay long in the bullish sectors that continue to trade above the T line.

Both the Dow and the NASDAQ showed good strength above observable technical levels. The Dow continues to trade up above the resistance level that has developed in the markets over the past two months. The NASDAQ is producing a J-hook type pattern trading well back up above the T-line. This is producing a major benefit for candlestick investors. Once identifying the candlestick pattern breakout set ups, the price move results have extremely good profit potential because there is currently the lack of any bearish fear in the market trend. This provides additional strength when a bullish candlestick pattern breaks out. As illustrated in our recommendation this week on NCTY, the fry pan bottom breakout produced an inordinately strong profit. Not only to candlestick charts reveal when a high profit trade set up is about to occur, the same investment psychology allows candlestick charts to indicate when it is time to take profits.

Numerous charts, especially in specific sectors, such as the electric vehicle, lithium battery, and biotech sectors are producing very strong candlestick patterns. Not all stocks/sectors are participating in this uptrend. Candlestick scanning techniques allows an investor to pinpoint which sectors are producing the best results based upon identifying the signals illustrating strong bullish sentiment. This allows for concentrating investment funds into areas that are performing the best. There is also evidence of sector rotation. A major advantage of utilizing candlestick analysis is identifying when it is time to take profits. Join us January 16 for a full day training on the indicators built into candlestick charts that allow for taking profits at the high probability areas. It is just as important for knowing when to be buying as it is for knowing when to take profits.

Because of a change of politics in Washington DC, simple candlestick scans have revealed where the next big price moves are likely to occur. Lithium batteries are making dramatic changes in the electric vehicle area. Candlestick charts allow for the identification of which stocks in those sectors will produce the highest probabilities of strong profits. This is not rocket science! This is merely common sense analysis based upon the bullish signals and patterns that Japanese rice traders have identified over the last 400 years.

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

Good investing,

The Candlestick Forum team

Candlestick charts produce very relevant profitable trade information. The first day of a trading year usually illustrates what the major money managers around the world have assessed as being the strong sectors going into the next year. This becomes graphically evident with candlestick charts coming out of the chute the first week of a trading year. Today, the markets revealed they are still in a very tentative state, probably being affected by the Georgia election, investors not sure what the government policies will be if there is a change of power in the Senate. If that was the reason for the market selloff today, it doesn’t matter! The candlestick investor can clearly evaluate that there was selling occurring in the market trend. The Dow formed a bearish engulfing signal while once again failing to breakthrough the upside resistance level. More compelling, the NASDAQ did a bearish left/right combo, a strong reversal signal in itself. Add the fact that it also closed below the T line, which it hasn’t done for many months, clearly indicated there has been a change of investor sentiment. This allows the candlestick investor to make an immediate position decisions for their portfolio. Long positions that are starting to show a change of investor sentiment should be closed out, with the idea that there will be better places to put trading funds. Likely, the addition of short positions is logical if the markets show more weakness tomorrow.

The bullish sectors were evident. Strength was seen in the electric vehicle stocks as well as gold stocks. Numerous gold stocks and silver stocks produced strong bullish kicker signals today. This would indicate much more upside in that sector. The electric vehicle stocks are demonstrating strength after supporting at observable support levels and continuing to trade positive in week market conditions. Our recent recommendations in GP and XPEV allow investors portfolios to continue to show bullish profits even when the overall market conditions are tentative. Adding gold stocks to the portfolio is also logical based upon the new strength in gold and silver. Other sectors are starting to show weakness. Join us this Saturday, January 9, for a full day training on the indicators that produce high probability results for when it’s time to start taking profits. Approximately six major indications allow candlestick investors to evaluate when the probabilities of the bullish price move is starting to diminish. Being able to identify these indicators allows an investor to make decisions without emotions effecting there trading.

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Hopefully everybody had a good holiday. The market indexes traded positive Today, probably as a result of the signing of the latest stimulus bill. The Dow and the S&P 500 gapped up and are nudging the upper resistance level. If it breaks through that level, especially with a gap up showing good force, wave three could now be breaking out. This would imply some good strong market move for the final few days of 2020. As demonstrated during this slow/lethargic uptrend, especially in the Dow, the candlestick patterns have produced very good profitability. The fry pan bottom’s and the J-hook patterns have worked extremely well.

Currently, fry pan bottom’s are working well in GP, TCON and POLA. All these charts imply more upside upon positive trading tomorrow. The best friend signal is also illustrating good chart set ups i.e. LVS and YELP. The patterns have produced an exceptionally good trading year. Also, the simple scanning techniques of candlestick analysis identified when sectors were starting to pick up strength and when it was time to start rotating out of those sectors. The electronic vehicle sector still is getting good strength, as illustrated in GP. However, with any sector participation, the candlestick charts/signals reveal which positions remaining strong while other positions in that same sector may not be getting bullish attention. This can be currently witnessed in NIO and LI, NKLA. If you consistently utilize the information built into individual stock positions, an investor can constantly keep the probabilities going in their favor. Once you become confident that candlestick signals and patterns will produce profitable results a high percentage of the time, your investment discipline will start falling into place, keeping your emotions on your trading decision.

Knee-jerk reaction! Was the market ready to reverse because of new virus strains? The candlestick charts could reveal that very quickly in the day. The intraday charts were showing buying after the open. This allowed for candlestick investors to continue to hold long positions with evidence the market was not selling off after the open, but being bought. Also, numerous bullish positions did not selloff on the open but maintained their positive trading above the T line. With the market indexes closing above the T line by the end of the day, this revealed that investor sentiment had not changed as far as the overall market trend. This provided more upside potential in individual candlestick chart patterns when it was evident there was not any bearish sentiment taking over the markets.

The candlestick patterns continue to produce good profitable trades. Also, a candlestick pattern, a buildup of investor sentiment, is less likely to selloff immediately when there is a major change of the overall market direction. The J-hook patterns were clearly evident today. Our recommendation for MGNI and PERI were based upon J-hook pattern setups and could be bought on the first signs of additional buying even though the market had opened much lower. TTCF and MARA, existing J-hook patterns continue their uptrends. The electric vehicle sector gained strength near the end of the day because of the stimulus package. Trades such as BLNK, NIO, SOLO, GP are good electric vehicle sector plays not only for short-term trades but also for long-term holds. Combining daily chart and weekly charts provide a trading strategy that works effectively for the longer-term investor. The candlestick pattern still provides consistent profitability even though the overall market trend remains choppy. Currently, there are no indications of any major change in investor sentiment in the overall market direction, however, it is always prudent to have safety stops at spots that should not see uptrend trading.

Chat session tonight at 8 PM ET, identifying the best sectors.

Good investing,

The Candlestick Forum team