May 20th Market Wrap-Up

The markets produce some very powerful bullish signals. Today’s positive trading confirmed the hammer signal in the Dow. The S&P 500 also had a hammer signal, confirmed today with positive trading, forming a MorningStar signal. The NASDAQ produced a belt holds signal yesterday and showed definite confirmation with a gap up in closing near the high end of the trading range. Add all this together, it reveals that investor sentiment has gone back bullish with great enthusiasm.

This has allowed for strong candlestick signals, such as the kicker signal and the bullish left/right combo, to produce some very strong bullish trades set ups. Today,RUN confirmed a bullish left/right combo of yesterday. This signal is one of the strongest candlestick signals along with the kicker signal. When you can identify which signals produce the strongest profit results, the candlestick investor can be committing funds to very strong trades during an uptrend, much stronger than merely up trending stocks during an uptrend. Join us this Saturday for a free session on the strong profit ramifications of the Doji, the Dynamic Doji training. This training clearly demonstrates the logic that produces high profit trade set ups based upon human nature. Join us, you will get much more information than you anticipate. Click here to register.

 

Chat session tonight at 8 PM ET.  Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

 

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