Candlestick power Patterns January 26th Market Wrap-Up

Candlestick power patterns have been forming in these market conditions. Candlestick power patterns usually form in specific stocks to produce high-profit results. Market indexes. The NASDAQ and the S&P 500 have created strong J-hook patterns, a J-hook plus, and a bobble breakout, making the likelihood of the uptrend moving to identifiable resistance levels. Today the NASDAQ closed right at the 200-day moving average. This makes for easy analysis of how the market indexes open tomorrow. A positive open in the NASDAQ would reveal wave three was still in progress, not resisting at the 200-day moving average. The S&P 500 did not resist at an observable down-trending resistance level. Numerous J-hook patterns are performing well, and individual stocks. Take advantage of this information to put yourself in high probability/high profit expected pattern results. These patterns form because human nature works the same way time after time.. Join us for a free two-week trial to experience the information constantly conveyed in our chat rooms. The learning process is greatly expedited with a constant supply of good trade setups from experienced candlestick investors and with many helpful participants answering questions about why those trade setups

 

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Good Investing,

Stephen Bigalow

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