The power of candlestick patterns have two major facets. The direction of the next move have great directional expectations and the magnitude of the move is going to be much greater than mere up trending stocks during an up trending market. The power of candlestick patterns allow for strong stock position entry strategies as well as option strategies. The market indexes continue to trade above the T-line. The NASDAQ is also revealing a strong build up of bullish sentiment based upon the identity of a fry pan bottom pattern. Utilizing the candlestick signals and candlestick patterns in combination allows an investor to analyze the set up of power candlestick patterns. The J-hook pattern is the predominant pattern in the current market conditions. The J-hook pattern has good expected results. And the expected results can be improved by analyzing the candlestick signals setting up a J-hook pattern at observable technical levels. Join us Saturday, December 10 for a Candlestick Forum mini spotlight training on how to analyze which J-hook patterns have the most powerful expected results. You will gain powerful insights into investor sentiment, making the identification of potentially strong trade set ups more visible.
