three white soldiers, page-5

Hi Talei the three white soildiers are strong indicators of a change in sentiment, The gap up on large volume was the perfect demonstration of their indicative strength.

The sell down you see is on lower volumes and Friday the candle was a spinning top, a sign that perhaps the sell down was running out of steam.

To my mind it remains bullish, provided we dont close below the opening of the 16th 7.3 cents. Its tried twice and failed. (tried hard on the 17th)

In fact our men may be rested and ready to fix bayonets and take some more ground.

Candlesticks are very interesting and good for measuring sentiment. These are my interprutations only and may differ to others, however it is another tool I use.

Looking forward to a long white candle now, a Maruboza.

Cheers

Oscar