News Focus
News Focus
icon url

positiontrader

04/23/04 6:11 PM

#10805 RE: was Steve #10778

Steve,

If it is minimally down after a major white candle I would just say it is a consolidation day.If it is a major red candle I would call it a possible reversal day.

I went back to green YTD by 1%,not much to write home about.Up 6.57% MTD and hoping to have my first 10% month in 7 months if we have a good week next week.I now think the next countertrend day will be Wed.and we will be out of the upper band at that point.

Regards

Marc