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Strategies & Market Trends : Charts for Quick CASH $$$
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To: Carlton G Glenn who wrote (5252)12/3/1997 9:27:00 PM
From: ted birnbaum  Read Replies (1) of 9262
 
CAND, I like to use candles to indicate short term direction. What i see is 1 short red candle followed by a long red candle, this is almost always followed by a further red candle. Very similar to the
pattern set up the 7th through the 10th of November. I would not be surprised at all to see it at 6 tomorrow, although I think it has a good chance of bouncing off 6 at least once. From there its a tough call.
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