Licia Leslie is Still Bullish the S&P 500 – Here’s Why

Dear Profit Takeover reader,

Licia Leslie, affectionately known as the Queen of the Candlesticks, is the Head of Trading at Option Pit – and she’s an expert candlestick analyst.

Understanding candlesticks is helpful for traders to make predictions about the market and individual stock movement.

Yesterday on the live Profit Takeover show, Licia pointed out a cup and handle formation in SPX.

The cup and handle formation is a bullish candlestick indicator that points to a continued uptrend.

Here’s Licia’s cup and handle analysis in the SPX candlestick chart:

She initially spotted this bullish indicator back on February 8 – and she’s right…

Catch Licia tomorrow morning for the live Profit Takeover show at 10:30 a.m. (ET) right here in the main room.

Until next time,

Mark Sebastian