Candlestick analysis is the graphic depiction of investor sentiment. Candlestick’s analysis illustrates the actual decisions made by the bulls and the bears. This is the basic premise of what makes prices move. Not fundamental analysis! But the perspective of buyers and sellers is based upon the decisions of their fundamental analysis. Candlestick analysis is the analysis of what everybody’s decisions are for buying or selling a trading entity. When you apply candlestick analysis to the overall market trend, utilizing candlestick sell signals and the T line, and then apply that same analysis to individual stocks, using the candlestick signals and the T line in conjunction with knowing what the overall market trend is doing, this provides an extremely high probability trading strategy. Currently, the market indexes continue to trade below the T line, forming bearish J-hook setups. This implies more downside is likely to occur. This makes being short in strong individual chart sell signals a comfortable way to make profits by having all the stars in alignment. Expect the market downtrend to continue until there is a major candlestick reversal signal in the indexes. Join us on March 26 and 27th for a comprehensive two-day training that will completely alter your perspective on what makes prices move. Whether you use candlestick analysis as your primary trading strategy or you utilize candlestick charts to enhance your existing trading program, you will definitely dramatically improve your trading abilities. Click here to register.
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Good Investing,
Stephen Bigalow
