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


To: Broken_Clock who wrote (1365)8/20/1998 9:14:00 AM
From: surfinSteve  Read Replies (1) | Respond to of 1589
 
Papaya King,

I question the call by Tom Rogers, a CSTA member, of a spinning top for yesterday's OEX:

csta.org

I'm relatively new to this, so I thought I'd seek the respected opinion of someone who's more experienced. Here are descriptions of various chart patterns and they're interpretations that I'm basing my doubts on:

equis.com

It defines spinning tops as:

Spinning tops. These are neutral lines. They occur when the distance between the high and low, and the distance between the open and close, are relatively small.

Thanks in advance!

surfinSteve