Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: Esteban who wrote (845)	12/1/1997 11:10:00 PM
From: ftth	Read Replies (1) of 1589

Charts are updated: geocities.com Looks like we're in critical territory here with retests of highs (or potential right shoulders forming) on most major indices: if we weaken and turn lower...look out below. If this strength is actually a true, meaningful rally (which I doubt because so many internal measures are still so weak), rather than the typical post-holiday rally....well, let's wait to see if that happens first. Note the way the 3-line break seems to put the picture in a little better perspective than the candles for OEX. Any comments on the VIX candles and their lack of correlation to this apparent rally? dh

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