December 12 Market Direction

You gain much more accurate trend analysis visualization when using candlestick signals and patterns. Accurate trend analysis incorporates the nature of investor sentiment and its relationship to the T line. Today’s positive trading brought the indexes back up above the T line but did so without a candlestick signal. The sideways mode of the market indexes indicates investor sentiment waiting to see what the results are of the CPI numbers. Today’s positive trading was not enough information to accurately analyze which direction investor sentiment will move after the CPI numbers come out tomorrow morning. However, the premarket futures will allow for the confirmation of the likely direction of the overall market. But candlestick patterns allow investors to produce high probability trade expectations. The fry pan bottom, followed by a J-hook pattern, is a prevalent bullish pattern in these market conditions. Keep in mind investor sentiment works the same way time after time. That is why recognizing candlestick patterns produce such high probability expected results. Join us Saturday, December 17, for a full day of training on the high-profit candlestick pattern setups. This training not only allows you to recognize reoccurring pattern development but also provides insights into what moves investor sentiment, allowing an investor to gain much better control of their emotions and establish trades that dramatically improve probabilities of being in a profitable trade.

 

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

Good Investing,

Stephen Bigalow

Share