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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (919)12/9/1997 3:43:00 PM
From: Esteban  Read Replies (1) | Respond to of 1589
 
Steve,

Re: LIT

Daily looks like a doji star at this point, a good start and a reversal pattern in itself but confirmation is suggested. 90 minute made dark cloud cover closing at 15:00. Ending at 12:00 was a hanging man that was followed by a long white candle (not confirmation). 90 minute looks like a reversal here. Morris say Dark cloud cover needs no confirmation. Tomorrow could turn daily pattern into an evening doji star with a long black day, as you are anticipating.

Esteban