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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (37288)	9/3/2012 11:17:59 AM
From: Wayners	Read Replies (2) \| Respond to of 221985

Friday's day candle. Spinning top from Candlestick Charting for Dummies. It's a coiled spring that has been pushed in from both sides. To qualify as a spinning top, a candlestick should have a small body and wicks that stick out both ends. The body should appear close to the center of the range of the day's price action. Also the wicks should both be at least as long as the candle section of the candlestick. The color of the spinning top's candle isn't terribly important. They are used to identify early trend changes. I think this candle is marking the end of the downtrend going back 8 or 9 trading days.