NASDAQ stocks, while also producing weak sectors, related to the Dow index. The simple scanning techniques provided by candlestick analysis allows for identifying which stocks/sectors are going to continue their uptrends while other sectors will continue the downtrends. Currently, Biotech stocks still are producing very strong patterns, such as J-hook patterns and fry pan bottom’s. This allows the candlestick investor to have trading funds concentrated in the sectors that are obviously producing strength and short positions in sectors that are obviously week.
The lack of any major bearish sentiment in the market is allowing strong breakout set ups to perform as expected. This weekend was a mini spotlight training on identifying breakouts. This was just a prelude to our full day training on how to expect a breakout to occur and then what to do with that breakout based upon the trading results afterwards. Simple candlestick analysis allows investors to dramatically improve the probabilities of participating in big price moves. Join us June 26 for an in-depth analysis for being prepared for big breakout moves
