So true Pete :)))And agree with the morning stars, i was just...

So true Pete :)))

And agree with the morning stars, i was just thinking the same thing.
DJIA at 8129 is 150% retrace of the last move and probably the last support before it attacks the low, im hopeful and ready ????


Someone is bound to ask the question and others would be too embarassed to ask so here it is :))))))

A bullish candlestick pattern that consists of three candles that have demonstrated the following characteristics:

1. The first bar is a large red candlestick located within a defined downtrend.
2. The second bar is a small-bodied candle (either red or white) that closes below the first red bar.
3. The last bar is a large white candle that opens above the middle candle and closes near the center of the first bar's body.

As shown by the chart, this pattern is used by traders as an early indication that the downtrend is about to reverse.