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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST
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To: nelli who wrote (24340)9/1/1999 5:20:00 PM
From: Teresa Lo  Read Replies (2) of 99985
 
In Candlestick theory it is three long range down days, producing three black bars in a row on the daily chart, and that is bearish. Could personally expect a bounce first and then we'll see if sellers show up at the 20-day moving average.
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