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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: donald sew who wrote (11434)4/19/1999 3:11:00 PM
From: Steve Swanson  Read Replies (1) of 99985
 
Don,

I looked at the naz and it is showing a BLACK MARUBOZU. If it closes like this would this be considered a bearish reversal? Meaning it plans on going back up or continue going down as it did on Feb 4 thur feb 18 before it reversed and started upward.

I understand the BUY IN time is todays or tomorrows low, just curious on the formations of the candlesticks. When AOL created the BLACK MARUBOZU I hedged it and has worked out great.

I want to thank everybody on this thread for their teachings.
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