Thursday, May 7, 2009

Candlestick Patterns

UPDATE: I added a permanant link to Stockcharts Candlestick Patterns.

Stockcharts runs daily stock scans that anyone can view. I thought I would look into it to see what the candlestick patterns were saying. Lo and behold I found that there were 906 bearish candle formations to 38 bullish ones. There were 446 bearish engulfing daily candles today. That should indicate the markets willingness to sell off. Check out the data for yourself by clicking the blog title above. Note: you can also view various technical indicators and perf charts summaries as well.


  1. Suggest you make the link open a new window rather than navigate away from your page.

  2. Yeah - gotta work on that and adds as well. Still in infancy mode. This blog was started for fun and communicating with clients and it is growing and has gotten more views and visits than I anticipated. Thanks for the visit and suggestion.


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