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


To: Esteban who wrote (1093)1/16/1998 5:18:00 PM
From: ted birnbaum  Read Replies (1) | Respond to of 1589
 
I am curious as to how you read PAGE, i think it has made its bottom
and todays action was at best nuetral. I suppose it has to go lower
one more time before it can break out through 10 1/2 whats your thoughts ?



To: Esteban who wrote (1093)1/16/1998 5:47:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 1589
 
Esteban-
Thanks for your help.As an educational study I am trying to understand candles and using EVI as my guinea pig.
You posted yesterday that the bearish candle indicated that the bearish tone was still intact.Today's session saw a white marubozu so I guess that means a bullish reversal from yesterday's candle ,right?
I guess I'm surprised by how quickly the candle readings change.I didn't think they were so short term.Does this analysis sound correct to you?
Thanks for your help Esteban.
Where's our host Monsieur?
GD