I thought I explained the concept of any particular pattern day.
Red, Blue, whatever.
The presumption is that it is the 5th trading day after a full moon so it should be negative.
Red days have their own pattern. Like you said that I said, "Reds start out one way and continue along that line."
And as you said I said in post 33074, " Red days open near the low or high and close at the opposite end.'
These two statements do not conflict with each other. So, if the presumption is that Tuesday is a down day, a red day, then the high should be expected to be near the open and the low near the close. If the converse were true, that Tuesday is to be an 'up' day, then the low should be near the open and the high near the close.
As far as what color what day is ....forget it. Tuesday is red, Wednesday is blue. Wednesday is a whipsaw day. Don't bother trying to find this on a site, it's not on a site. |
