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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (123986)9/14/2005 9:09:03 AM
From: Galirayo  Read Replies (1) of 209892
 
[MID] The Candle Pattern on the MID is ominous. I agree.

Evening Star which contains a Pure Black Bozu.
candlesticker.com

It does not have any shadows on either end. It is an extremely strong bearish candlestick pattern.
candlesticker.com

And the MACD is starting to roll over. It will need to bounce before the fast line makes a crossover. Look to the 50 for support.

stockcharts.com
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