Feb
23

Candlestick Pattern Suggests a Down Day

By Rennie on Tuesday, February 23rd, 2010 at 2:14 am

Correction regarding an earlier intraday update as S&P futures did not post a seventh higher high Monday. Additionally, the final number of new 20-day highs came in at 1689, above Friday’s close, so actually wrong on both counts. One noteworthy price pattern was triggered Monday that has similar implications – S&P futures managed a seventh consecutive higher close but…
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