Weekly Watch List March 20th- March 24th, 2023

Bank crisis profits are big when utilizing candlestick signals and patterns. Bank crisis profits illustrate the probability factor of candlestick charts. Recognizing when a stock/sector is starting to roll over based upon bearish candlestick chart patterns, such as a bearish dumpling top/very slow curve chart setup, allows the candlestick investor to identify where to be in a profitable short trade at the correct time. Do all candlestick chart patterns produce huge profits? Not, but they put you in the correct trades at the correct time giving candlestick investors a much bigger probability of being in substantial profit trades. How long will the selling occur in the banking sector? Candlestick charts, especially utilizing the 10-minute chart in many of the banking stocks that have sold off hard, provide a much more clear evaluation of what the price moves are continuing to do after being slammed into the oversold area. The information built into candlestick charts provides a much more accurate read of what is occurring in investor sentiment on any time frame. The banking crisis, in addition to interest rate concerns, produce a market environment where the bears are likely to still be in control. The T line confirms the market trend. The downtrend has been producing strong bearish trade profits. Join us Saturday, March 25 for a full day training on simple but logical option trade strategies applied to the appropriate candlestick signals and patterns. This information dramatically reduces the guesswork when applying option trades during price moves.

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