10/10/2013 Today's Reversal

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Natalia

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Oct 10, 2013, 10:58:12 PM10/10/13
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It will always be easier to call it after the fact...

But today look like has all the component of morning star, down trending price, spiked down, doji, the spiked up...

Combine it with 90% Up Volume Day, we can't deny that it is bullish (for tonight anyway), tomorrow is a different story, could just make a red candle as big as the white candle and that would not be pretty...

As long as if we can hold 50% - 60% of the big white candle it is good. Dont want much give back.

Also dropping some of the distribution would be a positive too for the market.
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~ N a t a L i a ~

2013-10-10_Morning_Star.png
2013-10-10_Morning_Star_SPX.png
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