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


To: patron_anejo_por_favor who wrote (50601)5/12/2000 5:20:00 PM
From: sidney-8  Read Replies (4) | Respond to of 99985
 
What's an evening star? And who is a good author on TA?

mike



To: patron_anejo_por_favor who wrote (50601)5/12/2000 5:49:00 PM
From: el paradisio  Respond to of 99985
 
Patron,I can see that"Grave" Doji on daily chart.
A bearish sign.
Closing is negative,besides,whatever was strong in that rally, is now in overbought condition ready to take some profits . Monday will be interesting..
But let's wait for AG...maybe he has something to tell us.
Hmmmmm
el



To: patron_anejo_por_favor who wrote (50601)5/12/2000 6:04:00 PM
From: Crimson Ghost  Respond to of 99985
 
My guess is that we go down hard on Monday, but rally back just as hard on Tuesday.



To: patron_anejo_por_favor who wrote (50601)5/13/2000 10:41:00 AM
From: eichler  Read Replies (1) | Respond to of 99985
 
Patron,
I am a new student to candlesticks...your call for an evening
star formation does not make sense according to the the definitions given for evening star at : iqchart.com
If you expect (as I do) a long black candle for Monday, is
it the "morning star" reversal pattern setting up for Tues. and Wednes. that you are expecting? Apparently, the evening star is an uptrend reversal pattern with a long white stick
followed by the two black sticks which form the reversal...
Or maybe you are expecting a doji star ? ...another reversal
pattern.
Regards
Eichler