September 11th Daily Market Comments

When the candlestick charts can be easily analyzed for evaluating the overall market direction, it makes identifying and profiting from individual stock chart pattern setups extremely effective. For example, the bobble breakout has made the timing for buying TSLA stock and calls very pinpointed. Having the ability to combine the evaluation of the overall market trend in conjunction with bullish stock chart patterns dramatically improves being in the right positions at the right time. Currently the bullish trend of the markets are the results of the frypan bottom breakout that occurred late last week. Stay predominantly long.