Wednesday, March 28, 2012

There's another one of those candles

The last bullish candle in the SPY didn't have the volume, this one has it, this is usually a reversal point, when I say reversal, there's no implied target, it doesn't mean anything other then there's some short term support that is enough to change the trend, but remember there are three trend, up, down and sideways, a reversal can lead to any of the 3.

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