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 (1093)	1/16/1998 5:47:00 PM
From: The Perfect Hedge	Read Replies (1) of 1589

Esteban- Thanks for your help.As an educational study I am trying to understand candles and using EVI as my guinea pig. You posted yesterday that the bearish candle indicated that the bearish tone was still intact.Today's session saw a white marubozu so I guess that means a bullish reversal from yesterday's candle ,right? I guess I'm surprised by how quickly the candle readings change.I didn't think they were so short term.Does this analysis sound correct to you? Thanks for your help Esteban. Where's our host Monsieur? GD

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