November 3rd Market Wrap-Up

The best candlestick sell signals are enhanced when knowing the direction of the overall market. The best candlestick sell signals produce the strongest price moves in the existing market direction. As illustrated in the Dow and NASDAQ, candlestick sell signals are witnessed at obvious technical levels. The Dow has produced the same sell signals at the 200-day moving average as it did in mid-August. AMZN produced a very strong sell signal, the bearish flutter kicker signal. The bearish sentiment in AMZN is now enhanced with the overall market trend heading lower. When AMZN, AAPL TSLA, and NFLX, the biggies everybody is trading, all are heading lower, which becomes an additional indicator that bearish sentiment is controlling the market. The most relevant indicator is the T line, the natural support and resistance level of human nature. When you learn candlestick signals and apply that information in conjunction with the T line, the natural support and resistance level of human nature, you have an extremely powerful trading platform. Join us Saturday, November 5 for a Mini spotlight training on how the T line will greatly improve your trading abilities. You will learn more information than you anticipate.
https://www.stephenbigalow.com/the-tline

Chat session tonight at 8 PM ET. Click here to register.

Good investing,

Stephen Bigalow

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