Nothing to really analyze, the bearish J-hook pattern in the market indexes produced a high probability that the downtrend was still in progress. I was mentioning in the chat room this morning that before candlestick analysis came along, I would have been watching my positions with great anxiety wondering when they would finally turn around and head back up. Now, the downtrend is very enjoyable allowing short positions to continue producing profits. Once you know how to analyze candlestick charts correctly, anxiety becomes an alert. If you wake up in the morning anxious about your trades and portfolio, that is a good indication you are not doing what the candlestick charts are revealing.
September 16th Daily Market Comments
Nothing to really analyze, the bearish J-hook pattern in the market indexes produced a high probability that the downtrend was still in progress. I was mentioning in the chat room this morning that before candlestick analysis came along, I would have been watching my positions with great anxiety wondering when they would finally turn around and head back up. Now, the downtrend is very enjoyable allowing short positions to continue producing profits. Once you know how to analyze candlestick charts correctly, anxiety becomes an alert. If you wake up in the morning anxious about your trades and portfolio, that is a good indication you are not doing what the candlestick charts are revealing.