February 13th Market Direction

Profitable day trades become much more consistent when using candlestick charts. When market conditions indicate a lack of decisive movement, Day trades become a viable trading strategy. Currently, the sideways mode of the Dow may be coming to an end if bullish sentiment pushes the Dow up through the down-trending resistance level of the wedge formation. However, daytrade mentality may be the prudent strategy when a significant announcement, such as the CPI report, May whipsaw markets. It will be essential to see what the reaction will be at these market index levels, the resistance level for the Dow, and the T line for the NASDAQ. There are approximately seven very strong day trade candlestick pattern setups. This allows for simple market trend analysis to work in conjunction with how the price of an individual stock/chart will produce high probabilities of a day trade confirmation. Join us this Saturday, February 18, for a full-day training on utilizing the candlestick signals for profitable day trade and swing trade entry points. This is information you will use for the rest of your trading career. Click here for more information

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

Good Investing,

Stephen Bigalow

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