The markets usually show which sectors are going to act the strongest or the weakest based upon the first few days of the new year trading. However, candlestick analysis is a much more accurate assessment of whether the assumed expectations of what normally happens is continuing to perform. This year, the overhang of inflation, which is now lead to the feds indicating they were going to start raising rates, took the wind out of the sails. Anytime the feds are raising rates, that creates a bearish reaction in the markets. This is why using the candlestick charts allows investors to more accurately trade in the right direction based upon the Japanese rice traders simple philosophy, let the market tell you what the market is doing.Knowing the current trend is in a downtrend, a major benefit for candlestick investors is the ability to scan for the strongest bearish chart potentials. The bearish best friend and bearish Doji sandwiches produce high probability short trades. Join us January 15 for a candlestick mini spotlight training on identifying the powers signals.
Chat session Tonight. Click here to register.
Good Investing,
Stephen Bigalow
