Candlesticks

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Only if you subscribe to American Bulls do you get an Intraday alert for stocks. Are the candlestick interpretations the right way of doing them?

"Intraday Signal Confirmation Module

This module is the biggest aid to investors seeking confirmation for a BUY-IF or SELL-IF signal issued at the end of the previous day. The intraday module starts 15 minutes after the market opens and ends at the closing bell. It calculates the "benchmark price" and shows the current confirmation status according to the above defined "Rules of Confirmation". It saves the investor from the trouble of making complex calculations to decide whether the previous BUY-IF or SELL-IF signal is "CURRENTLY CONFIRMED" or "CURRENTLY UNCORFIRMED" or whether it is "CURRENTLY REJECTED", according to the position of the current price with respect to the benchmark price, and according to the type of the candlestick formed at that moment.

The current confirmation status may change during the session according to the intraday stock price. The final confirmation is given according to the closing price.

The module is provided free for all the market indices. For stocks, the intraday signal confirmation module is a membership feature."