June 27th Market Direction

The best trades are found by using candlestick signals common sense. The best trades apply high probability signals in conjunction with confirming indicators. The indexes closed above the T line on Friday. Today was obviously a consolidation day. However, as long as the indexes are now trading above the T line, the assumption is the uptrend is in progress. Candlestick analysis allows investors to easily identify which trades will be the best trades during this current uptrend. Many stock prices will rise during an uptrending market. As a candlestick investor, we want to identify which stock prices are going to have the strongest price move during the uptrend. The Doji allows for the identification of many strong price moves. The best friend, the Doji sandwich, the double Doji setup are all excellent entry trades. Take advantage of the information built into candlestick signals. They not only put you in the right direction at the right time, but they also allow you to get into trades that are going to perform much better than the average uptrending price move.

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Good Investing,

Stephen Bigalow

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