Monday, December 29, 2008
Important Candlestick Forming Today; Dec. 29, 2008
The formation in the market tells us it's at a big crossroads and today could give us a big clue as to its direction in the coming days/weeks. If a large bullish or bearish candlestick forms today (see chart above) then it should continue in that direction in the coming days/weeks. So far the market is weak internally and nominally, but that can change in seconds with light trading volume today.