Sunday, October 3, 2010

when ever shooting star candle formed in past

                 
when ever shooting star candle formed in past in any of the stock / index reversal was noticed ....
and on Friday a long tail shooting star candle is clearly visible ...

When ever indicators  started opposing the move ...finally indicators won the battle and pulled markets to their direction ...see  below is Dow chart... dow was climbing in Mar  Apr 2010  and MACD and RSI were opposing its move and finally Dow corrected by 1600 points ...this was predicted by us on apr 28 ..