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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: seahorse who wrote (15201)5/1/2001 8:51:17 AM
From: xcr600  Read Replies (1) | Respond to of 30051
 
The daily candle on the Naz chart. At one point it was a suicide doji. Often a very strong signal that the trend is about to change. (Bulls basically ran out of gas yesterday) If you were trading on market structure it would be a nice play to buy some index puts with a stop above that candle. A lower high and a lower low today would also help to confirm that candlestick. imo