Replies to post #98 on Market Vectors Russia ETF Trust Shares fka RSX

[ospreyeye]

$RSX chart - BEARISH KICKING reversal pattern formed Fri. - 200 DMA @ 19.79 $Key resistance level to break - the 50 DMA @ 17.10 is the $key level to hold - the 50 DMA bullish crossed the 100 DMA -Fast Sto & RSI corrected from overbought levels -MACD starting to hook -

Definition

This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu, the market opens below the prior session’s opening, forming a gap between the two lines.

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2210