Profunds index and sector trading

[Tom K]

The green Bs indicate two candles, the first is a black candle, the second is a white candle that opens at the previous day's close and proceeds to close above the previous day's open. Powerful indicator of a bottom or a bullish continuation. Especially powerful if preceded by a long lower shadow, or if the first candle has a long lower shadow.

The red Bs indicate also indicate two candles, the second day is black, opening at the previous day's close and closing below the previous day's open. This is an indication of a top or continuation of a bearish trend.