Candlestick patterns are the prevalent movers in this uptrend. The reoccurring pattern setup of human nature can easily identify candlestick patterns. The J-hook pattern has been identified in the NASDAQ and the S&P 500. Although the Dow did not form a reversal signal when it supported off the bottom of the wedge formation, the fact that the NASDAQ and the S&P 500 formed bullish signals added credence to the wedge formation support in the Dow. Candlestick patterns provide two huge benefits, a much more robust analysis of the trend, and the magnitude of the move will be much greater than mere up-trending stocks during an up-trending market. As illustrated in the AMZN chart, a belt holding a candlestick pattern enhanced the probabilities and visualization of the J-hook pattern. The solid initial price move of a J-hook pattern is the alert there is new strong investor sentiment coming into a trading entity. The J-hook portion is merely the profit-taking to be followed by another strong price move. The candlestick forum teaches investors how to identify the most prolific analysis of price moves, what human nature provides as high probability results. Join us Saturday, February 4th, for a Candlestick Forum mini spotlight training on how to trade commodities using candlestick signals.
Weekly Watchlist January 30th – February 3rd, 2023
Weekly Watchlist December 5th – December 9th, 2022
The power of candlestick patterns have two major facets. The direction of the next move have great directional expectations and the magnitude of the move is going to be much greater than mere up trending stocks during an up trending market. The power of candlestick patterns allow for strong stock position entry strategies as well as option strategies. The market indexes continue to trade above the T-line. The NASDAQ is also revealing a strong build up of bullish sentiment based upon the identity of a fry pan bottom pattern. Utilizing the candlestick signals and candlestick patterns in combination allows an investor to analyze the set up of power candlestick patterns. The J-hook pattern is the predominant pattern in the current market conditions. The J-hook pattern has good expected results. And the expected results can be improved by analyzing the candlestick signals setting up a J-hook pattern at observable technical levels. Join us Saturday, December 10 for a Candlestick Forum mini spotlight training on how to analyze which J-hook patterns have the most powerful expected results. You will gain powerful insights into investor sentiment, making the identification of potentially strong trade set ups more visible.
Weekly Watchlist November 21st – November 25th
A Santa Claus rally? That is the anticipation every year going into the holidays. The Santa Claus rally is usually expected because of the high percentage of the time in the past it has occurred. What does that mean for the candlestick investor? Candlestick charts will provide much more clarity as to whether a Santa Claus rally is likely to occur, and then confirm whether the rally is or is not occurring. This is based upon simple visual analysis. Our the market indexes showing bullish confirmation, trading above the T line? There are numerous adages as far as market trends. Such as “sell in May and go away”, or expectations produced by seasonality results, price movements that usually occur at the same times year after year. The candlestick investor has a huge advantage because of the actual visual results built into candlestick charts. Currently, the Dow is demonstrating an uptrending bias based upon the bobble breakout pattern at the 200 day moving average, followed by the T line producing confirmation the uptrend is in progress. However, the NASDAQ is not showing the same bullish resiliency. Although the NASDAQ is trading above the T line, the candlestick formations reveal a different story as far as investor sentiment. The trajectory is flat and the dark candles reveal selling pressure versus bullish sentiment. This creates a much better trade evaluation for specific stock/sectors. There are some sectors moving positive while other sectors are showing bearish bias. These market conditions allow an investor to have both long and short positions on at the same time. Fortunately, simple scanning techniques allow for identifying which sectors have the prospects of trading bullish while also identifying which sectors have strong bearish trends. This then allows for identifying which stocks in those sectors have the prospects of producing the strongest bullish or bearish price moves. Join us Tuesday night for the Candlestick Forum chat session demonstrating how to identify the strongest potential bullish sectors and the strongest bearish sectors going into the holiday season.
Weekly Watchlist November 14th – November 18th, 2022
The best stocks to buy this week are not necessarily regulated to specific sectors. With the overall market trend showing great strength, the Dow breaking up through a down trending resistance level, forming a bobble breakout, implying more upside, making the best stocks to buy this week based upon the strongest candlestick patterns. The best stocks to buy are ones that confirm high probability pattern breakouts. A candlestick pattern breakout has two very strong elements. First, the probability of the direction of the move is extremely high, and secondly, the magnitude of the move will produce big your profits than merely up-trending stocks during an up-trending market. Once you learn and understand the investment sentiment that creates candlestick signals and patterns, you gain control of your investment analysis with the same insights as somebody that has been investing for 50 years. The profitability of signals and patterns is enhanced using the most compelling indicator of human nature, the T line which acts as a natural support and resistance level of investor sentiment. Join us Saturday, November 19 for a full day of training on how to utilize the information built into the T line to improve your trade analytical abilities. Click here for more information.
Weekly Watchlist November 7th – November 11th, 2022
The best stocks to buy now can be identified by strong or weak sectors. The best stocks to buy now is simply identifying the stocks with the most vital candlestick buy signals or sell signals in a particular sector. There is still indecision in the current market trend based on waiting for the results of the midterm election. Obviously specific sectors will be anticipating better results if the Republicans take over the house and the Senate. Fortunately, candlestick analysis reveals which sectors will be benefited the most or hurt the worst based on the expected results of Tuesday night’s election. You do not have to be an analyst, evaluating whether the Republicans or the Democrats are going to have a better showing. You just need to analyze what everybody else’s investment decisions are reflecting based on the information/polls reveal. Candlestick analysis is merely putting all the stars in alignment, evaluating which sectors are moving, and then identifying the most vital signals in individual positions in those sectors. The kicker signal and the best friend signal provide very strong trend indications. Once you learn the 12 major candlestick signals, your analysis of a price move becomes much more accurate.
Weekly Watchlist October 17th – October 21st, 2022
Candlestick analysis has analytical aspects that no other charting techniques exhibit. Candlestick analysis is the graphics of what investor sentiment is actually doing, not the projection of what prices might do. The candlestick signals and patterns are the results of high-probability visual results based on hundreds of years of analysis. Candlestick analysis disregards the expectations of fundamental research, analyst expectations, analyst recommendations, or invalid rumors. Candlestick analysis is the actual buying and selling decisions of investors. Because candlestick signals and patterns produce high-probability results, knowing that information helps in investors keep their emotions out of their trading decisions. The Candlestick Forum weekly trainings provided a format for quickly learning high-probability trades setups. Why is the Candlestick Forum considered the best place to learn candlestick analysis? The learning process is directed to signals and patterns that produce the best profitability. You gain a huge advantage of learning only the relevant candlestick information. This allows investors to start participating in quick wins in the markets. Join us Saturday, October 29 for a full day of training on how to maximize your profitability using the correct option strategies for the appropriate candlestick patterns. You will learn to identify the most timely option trade setups.
Weekly Watchlist October 10th – October 14th, 2022
What are the best candlestick patterns? This is an often asked question. The best candlestick patterns are very easy to visually recognize. The best candlestick patterns also produce high probability results. This is due to one simple factor! Human nature works the same way time after time. The Japanese rice traders identified signals and patterns that produced high probability expected results. Utilizing the information built into candlestick signals and patterns mentally prepares the candlestick investor for the next price moves. For example, the bearish J-hook pattern is the predominant analytical factor in the current market trend. Recognizing the pattern set up and utilizing the T line rule should instigate trading to the short side in these market conditions. The J-hook pattern has expected results. Wave three will be approximately the same magnitude as wave one. Expectations of a wave three price move is enhanced when witnessing strong candlestick sell signals. This indicates wave three is getting strong selling pressure to start the next wave. However, The strong candlestick buy signals also reveal which sectors will likely be moving positive even though the overall market trend is bearish. You gain a huge advantages by knowing the signals and patterns that will produce high probability price moves. Join us in our daily chat rooms. The two week free trial allows investors just learning how to utilize candlestick signals without any risk. Email abraham@candlestickforum.com to participate in the two week free trial.