Support and Resistance Trading Forum

Re: Looking Bullish
By:CoffeeBuck
Date: 2/3/2009, 10:57 pm
In Response To: Re: Looking Bullish (Erich (vendor, CTA))

My only concern right now is the inside bar that formed earlier today. This sort of pattern has the nasty habit of producing, not an outright reversal, but a failed one and a continuation of the original short-term direction. If price ticks below the 2/2 low, I'd say all bets are off. Until then, I'm bullish for one more day (2/4) as originally posted. :)

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