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

To: MonsieurGonzo who wrote (932)	12/10/1997 1:00:00 PM
From: Esteban	Read Replies (1) \| Respond to of 1589

Thoughts about 90 minute index canlestick readings. Steve, I feel end of day reversal patterns on the 90 minute chart MUST be confirmed by the morning attack. The 90s are a good read on the days psychology, but each day can begin with a different psychological mind set. Point is, wait for confirmation if the days last intraday candle shows a reversal. Confirmation could be a strong daily chart pattern however, since this is tracking DAY to DAY psychology, in which case a position could be taken before the close on the combination of intraday and daily patterns. Esteban