Although the market indexes traded positively today, they did not do so with a compelling candle formation. The Doji’s illustrated some indecisiveness even though the indexes were trading positively. Also, the T line remains a very relevant indicator. As long as the indexes continue to trade below the T-line, assume bullish sentiment is not in control. Tomorrow’s PPI numbers should also produce a reaction in the market trend. The best friend signals have produced some good profitable trades, as demonstrated in the electric vehicle sector,LI, NIO and XPEV. The J-hook patterns continue to produce consistent profits. The kicker signal in INFN appears to be starting wave three of a J-hook pattern. Join us this Saturday for a Mini spotlight training on identifying the J-hook pattern setups that produce the highest potential profits. These training sessions are inexpensive and provide an immense amount of information for visually recognizing the potential strong price moves.
