Candlestick charts form the base of many strategies to trade due to their clarity and detail. Each candle displays price movement within a specific time frame and provides insights into strength and ...
Last week's candlestick on the Invesco QQQ Trust (QQQ) created a momentum-confirming sentiment shift for the Nasdaq-100. This outside bearish engulfing candlestick on the QQQs is reinforced by today’s ...