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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: KymarFye who wrote (61535)10/29/2000 11:39:09 AM
From: flatsville  Read Replies (2) of 99985
 
Kymar-

>>>Also, according to Nison, "dark cloud cover" is a top reversal pattern, which wouldn't apply either to Thu-Fri or to May 25-6, in my opinion.<<<

Now that you've pointed out that it's a top reversal pattern I agree that it is not appropriate to the May 25-26th time frame either.

Candle sticks can be tricky. You think you see a pattern. If you don't pull out the book and double check you can easily get it bassackwards.
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