Candlestick charts allows an investor to much more accurately assess what is occurring in investor sentiment, which also will make recognizing price patterns much easier. Let's take a look of this in action using the daily chart of the Dow market.
In my previous post, I talked about emotion as information that is worthy of analysis. I also said: The more you manage your emotions with the premise that emotion is information worthy of analysis, the greater control you gain over your actions.
Very simple trend analysis is provided by the graphics of the indexes. When one index is trading positive, today the NASDAQ, while another index is trading lower, today the Dow, merely shows a shifting of funds versus a change of the current trend.
In today's video, we will take a look at the a pre-market analysis of the European markets. Now I have done these types of videos in the past, but I thought this would be a good time to break out a new one as action in these European markets is something we should all be keeping an eye on.
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