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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JDinBaltimore who wrote (37103)1/9/2000 8:14:00 PM
From: stockycd  Respond to of 99985
 
J,

I wouldn't say its textbook but it is a form of "bearish engulfing lines". Last week would have been a better example if the tail had not been so long. I found candlesticks work better on intraday and daily charts though.

Chris