Option strategies with candlestick analysis dramatically simplify the analytical process. Options strategies, like candlestick analysis, allow for the appropriate trading strategy without having to do an extensive amount of calculation every evening. The candlestick forum will provide option strategy training over the next few weeks. The strong candlestick signals and patterns allow investors to take advantage of the most decisive price moves during a market trend. As illustrated by the wedge formation, the Dow has breached the lower support level of the wedge pattern, implying a strong downtrend will likely proceed. This evidence of weakness was enhanced by witnessing strong sell signals and trading below the T line in the NASDAQ and S&P 500. The markets have a sense of forecasting problems in the overall world events. A Russian/China collaboration is causing worries in the investment area, and the prospects of the world economies slowing down. Fortunately, you do not have to be an in-depth analyst of what might occur worldwide. The candlestick charts reveal what everybody else’s analysis is producing regarding buying and selling decisions.
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Good Investing,
Stephen Bigalow
