As an avid reader of this thread, I thought I might try contributing a little.
Below is a chart of the DOW. Bearing in mind that a bullish candlestick pattern, while not necessarily short term, is only valid until the next bearish signal, the pattern over the last three days is very similar to the pattern at the February bottom.
ie: A bullish hammer (or meeting lines for those who followed the debate in weekend charting on this), followed by a slight pullback then a bullish engulfing.
cheers
Lindfield
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