BABA: nice analysis bud..........thanks...........I love it when my intraday trend lines match yours.........confirms I'm on point........keep up the great work...........the 5 min. Chart was a good choice for tracking the IPO action....................the white/green spinning top on the daily chart is interesting.........looks bearish.........obviously the only way to chart an IPO is by using an intraday chart, but what is your thought on the candle formed on the daily chart?..........through past experience have you noticed any trends following specific candles formed on the IPO day?..........meaning, have you noticed any patterns that follow the first candlestick formed on an IPO daily chart?.........,.IPO's have been very HOT this year..........w/ BABA being the biggest IPO in history I'm wondering if this will be a defining moment for the big boards..........will the BABA IPO signal a market top or will the big boards continue climbing to all time highs?............I think the white spinning top BABA formed on Friday says it all, Indecision..........I think the markets are climbing a wall of "indecision"........everyone is anticipating a pullback while the market crawls higher.............an exciting time to be charting the markets...........have you thought about this topic?..(I know, dumb question)..........curious what your take is on the current state of the market and where it may be headed in the near term.............$$$
