Episode 275 - On this week's show I discuss the usefulness of Candlestick chart analysis when investing. I reveal the FCA's final salary transfer advice checker which can help you determine whether you received poor advice and have grounds for complaint. We also discuss the best pocket money apps.
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Understanding candlesticks charts
The anatomy of a candlestick - source CMC markets, click the link to read more about candlesticks
Here is a summary chart created by the cryptochannel which shows some of the bullish and bearish patterns when candlesticks are viewed in groups. Click to enlarge.
Live daily candlestick chart on the S&P 500
This link takes you to a 6-month chart of the daily candlesticks for the S&P 500. Note the island reversal around June 11th 2020. This chart is a free resource and updates continually.
For posterity here is a static chart of the current market with the island reversal on the right.
The lazy way to use candlestick analysis
Pension transfer advice checker