Posted by frtaylor on 15th of Dec 2015 at 12:18 pm
You can chart the first hourly candle as either 9:30 - 10, or
9:30 - 10:30. With the latter, we don't confirm until 12:30, and so
far looks like it's not going to confirm.
There are some choices with how you interpret those candles. I
saw a measured move met and a gap fill which set the stage for
awareness. I have learned not to be a bear on bullish days.
SPY 60
Posted by zitron on 15th of Dec 2015 at 11:44 am
Has a "Three Inside Down Pattern"
At 12:00 this pattern will be confirmed or negated.
You can chart the first
Posted by frtaylor on 15th of Dec 2015 at 12:18 pm
You can chart the first hourly candle as either 9:30 - 10, or 9:30 - 10:30. With the latter, we don't confirm until 12:30, and so far looks like it's not going to confirm.
Thanks, Taylor
Posted by zitron on 15th of Dec 2015 at 12:27 pm
There are some choices with how you interpret those candles. I saw a measured move met and a gap fill which set the stage for awareness. I have learned not to be a bear on bullish days.
Good eye. Here's Bulkowski's discussion. http://thepatternsite.com/ThreeInsideDown.html
Posted by frtaylor on 15th of Dec 2015 at 11:51 am
Good eye. Here's Bulkowski's discussion.
http://thepatternsite.com/ThreeInsideDown.html