A market reversal? Candlestick analysis provides very high probability analytical aspects that reveal when a market reversal has occurred. The T line is a powerful trend indicator. As long as the market indexes continue to trade below the T line, the probabilities are extremely strong the downtrend remains in progress. The Japanese rice traders have provided very defined signal criteria to demonstrate trend reversals. A candlestick buy signal and a close above the T line produce strong probability evidence there has been a change of a downtrend. The bullish trading in the indexes started with a non-candlestick signal. Currently, the indexes have not closed above the T line. That visual analysis makes a market reversal still suspect. It will be important to see how the markets open tomorrow. However, the indecisive trend nature of the market allows for analyzing individual stock charts to see positions can be added, based upon bullish reversals. The lithium mining stocks and the bitcoin stocks are showing high probability of bullish reversal patterns. A major advantage of candlestick analysis is identifying where bullish or bearish sentiment is producing the best trades. Join us Saturday, September 10 for a Mini spotlight training on identifying the strong reversal signal setups. This information is all visual. And it will greatly improve an investor’s perspective on where high-profit trade formations are occurring.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow
