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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (2316)11/22/2014 12:05:56 AM
From: Chip McVickar  Read Replies (1) | Respond to of 26806
 
Hi GZ...

My take... the bar actually has a bullish body... so it's a maybe - maybe not
Just a test of the upper reaches... testing upper resistance... with the traders taking relief profits
Looking at the 30 min chart... you see a pull back right after the first 30 minutes
The afternoon buying showed a very distinct bull walk into the close

Kinda of a cross between these two
onlinetradingconcepts.com

onlinetradingconcepts.com

My "cherry bomb" is really a tight and negative bodied shooting star