The market indexes opened lower today but now trading above where they opened, indicating after the initial selling on the open, the Bulls are still moving the current breakout trend in a positive direction. The candlestick patterns continue to work well, the Frypan Bottoms i.e. DVAX and the J-hook/Bobble Breakout Patterns i.e. CRC, AXTI. When the market trend acts with consistency, as seen after the Best Friend Breakout of the Dow, the High Profit Candlestick Signals and patterns produce high probability profitable trade set ups.
September 14th Daily Market Comments
The market indexes opened lower today but now trading above where they opened, indicating after the initial selling on the open, the Bulls are still moving the current breakout trend in a positive direction. The candlestick patterns continue to work well, the Frypan Bottoms i.e. DVAX and the J-hook/Bobble Breakout Patterns i.e. CRC, AXTI. When the market trend acts with consistency, as seen after the Best Friend Breakout of the Dow, the High Profit Candlestick Signals and patterns produce high probability profitable trade set ups.