June 5th Market Direction

What are the best trading strategies for these market conditions?
This question has a double meaning! What are the best trading strategies for profiting in these market conditions, and what is the best for ‘YOU’? Fortunately, my 35 years of candlestick analysis reveal several high-probability trading strategies that have worked successfully. Join us Saturday, June 10, for a full-day Candlestick Training on successful trading strategies. Click here to register.

More importantly, you will be able to recognize which trading strategies work the best for your trading nature. You do not have to learn all the trading strategies provided by candlestick analysis. But you do have the opportunity to recognize trade setups during specific market conditions that you can use effectively. Although the Dow showed consolidation/profit-taking after its big move on Friday, the NASDAQ continued to trade higher but formed a Doji today. This provides an alert to watch for potential profit-taking tomorrow, which would be immediately illustrated if the premarket futures show the markets opening lower in tomorrow’s trading. However, simple candlestick scanning techniques reveal which sectors produce the most substantial bullish profit potential and which produce the strongest bearish profit potential. Artificial intelligence stocks continue showing upward bias, whereas retail stocks show strong bearish patterns. Take advantage of the information built into candlestick charts. This information allows investors to be constantly in situations that produce high probabilities of correct trades.

Members Chat session tonight at 7pm central. Free to Members. Not a member? Click here to join

Good Investing,

Stephen Bigalow

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