Let it go......Friday, page-3

  1. 837 Posts.
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    Wednesday 92 point drop was a Marubozu candle, a strong indicator. Haguro chart analysis would require that today's candle should close higher than the mid point of Wednesday's range, to indicate a reversal.
    It failed to do so by a small margin of 5 points. Difficult to say where the index is heading in the ST, however strictly speaking the indication is more likely down than up using Haguro method, but not really clear cut.
 
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