Next's weeks candle will be critical to give us evidence that this is a true bottom or not. We're looking for next's week candle to close above this weeks to confirm the evidence of a short term bottom.
SPX Weekly Chart: Bottoming Tail
Friday, July 18, 2008
SPX: Nice Weekly Candle
Today's post can be summed up with few words as the Weekly SPX candle says it all.
Next's weeks candle will be critical to give us evidence that this is a true bottom or not. We're looking for next's week candle to close above this weeks to confirm the evidence of a short term bottom.
SPX Weekly Chart: Bottoming Tail
Next's weeks candle will be critical to give us evidence that this is a true bottom or not. We're looking for next's week candle to close above this weeks to confirm the evidence of a short term bottom.
SPX Weekly Chart: Bottoming Tail
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