It was a slow day until we got that strong finish. The bulls and bears struggled all day, but the last half hour gave us a very impressive spike with the best volume of the session. I'm very optimistic for a bounce following today's session based on the technicals highlighted in the charts above.
2 comments:
Regarding $COMPQ and the current hammer, four days before there was an even better hammer, but we declined from there. -Mike O'Connor
Mike,
Difference of opinion I guess. I like today's hammer better because it's green and it closed near its high. :)
Post a Comment