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Re: rule_rationale post# 13034

Friday, 12/07/2012 5:10:05 PM

Friday, December 07, 2012 5:10:05 PM

Post# of 403648

First time a pullback has not developed in the next two days afte two large green candles, i like it!



Yep, spot on! I'm planning a chart later. This is the first of the last three rallies that coiled at the peak. All indecision bars inside of the second day Doji.

You'll notice that the last time this happened was the rally to the .77 resistance line, which also coiled with 4 indecision 'inside bars' and them went Kaboom to $1.18.

.

The stock market is simply the transfer of wealth from the impatient to the patient. - Warren Buffet

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