That is pretty weak. There is not enough of a bottom tail on that big white candle.
I suppose these things happen, tech analysis is correct 80-85% of the time.
Still...that is pretty strange.
Tradinginsider
Wednesday, November 18, 2015
I am baffled at market direction today.
The top signal was very clear yesterday, and as a result, I am baffled at the direction of the market today. The only thing I can think of is the last two candles made a reversal double hammer and now the market reversed. However in looking back at the chart:
That is pretty weak. There is not enough of a bottom tail on that big white candle.
I suppose these things happen, tech analysis is correct 80-85% of the time.
Still...that is pretty strange.
Tradinginsider
That is pretty weak. There is not enough of a bottom tail on that big white candle.
I suppose these things happen, tech analysis is correct 80-85% of the time.
Still...that is pretty strange.
Tradinginsider
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