Option trade setups are sipmle to be identified when accurately analyzing the market trend with candlestick analysis. Option trade setups utilize the high profit/high probability candlestick very signals and patterns. The same simple logic applied to the analysis of a candlestick chart can then be applied to the appropriate option strategy. The current market direction is bearish, as illustrated by the indexes continuing to trade below the T line. Although the markets traded bullish on the open today, the candlestick investor has the ability/patience to wait to see what the markets will do by the end of the day. The assumption remains that the downtrend is still in progress until you see a bullish reversal signal and a close above the T line. The strong candlestick sell signals, such as bearish best friend signals and bearish kicker signals, provide high-probability trades as well as high-profit trades. The logic is simple! If the market is in a downtrend and strong bearish signals and patterns can be identified, the probabilities are significantly in our favor that the bearish trades will work with a high degree of probability. Join us this Saturday, March 4, for a Mini spotlight training on utilizing the appropriate option trade strategies at the appropriate times of a bearish downtrend. You will gain some valuable insights into the basic logic of candlestick analysis.
Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join
Good Investing,
Stephen Bigalow
