October 27th Market Wrap-Up

The candlestick reversal signals confirmed today. The candlestick reversal signals confirmed not only with the indexes trading lower, but big traders such as AMZN showing a strong sell signal, a bearish flutter kicker signal. Common sense illustrates high probability trade expectations when you can identify reversal signals setting up in the market indexes and identifying reversal signal set ups in individual stocks. The bearish flutter kicker signal set up was identified in the NASDAQ yesterday when it opened and closed at the previous day’s open. This provided the anticipation for a bearish flutter kicker signal. Today’s lower open in the NASDAQ and AMZN produce the high probability expectation of a bearish flutter kicker signal. Knowing what the probabilities are based upon candlestick signal set up expectations allows for being in profitable trades at the exact correct time. Candlestick reversal signals set ups greatly improve profitable entry strategies, especially for option traders. Join us this Saturday for a full day training on how to apply the appropriate option strategy with the corresponding candlestick signal or pattern. You will gain much more information than you expect.

Chat session tonight at 7pm central. Click here to register.

Good Investing,

Stephen Bigalow

 

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