bad news on wall street - thursday, page-40

es 4hr for the week. see the big outside bar at the high; a sign of immanent weakness. no real downside follow through. the green reversal big up has no real follow through either. there's some fairly strong evidence here (price, time and pattern, in that order of strength i would guess) that a bit more is going on that a mere consolidation before a continuation of the move up.