Dear Profit Takeover reader,
I’m looking forward to seeing you again next week for our live Profit Takeover shows…
Since I have been traveling this week, during our live Profit Revolution shows, my colleagues from Option Pit have been filling in for me.
For yesterday’s live Profit Revolution show Licia Leslie, candle expert and CBOE insider, stopped in to share the basics of candlestick charting.
(Profit Revolution members have access to this replay) –
She explained how to spot these different candles: the doji, the hammer, and the hanging man.
Then she covered pennants and pitchfork signals in the overall market heading into Fed day next week.
Licia explained this pennant usually means the trend is gearing up to move in the same direction so the market would be bullish here.
And her pitchfork confirmed the move higher.
Then Licia answered some great questions:
And she talked about the current market, her predictions into the Fed, and gave a trade idea…
There is something you can do to prep for Fed day – and the volatility spikes that will come after…
Learn SPX and XSP trades with me in the Profit Revolution.
It is important to practice these in a paper account before you risk your hard-earned cash…
And the sooner you join, the more opportunities you’ll have to practice.
I will be back for the Profit Takeover next week on Wednesday, June 15th at our normal 10:30 a.m. time!
See you then,
Founder, Profit Takeover
June 10 2022