Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Perfect Retracement & Shooting Star Candle
July 30th, 2009
Wow! What a reversal at the end of the day – pretty much closing the gap from this mornings jump. All in all, the S&P 500 put together a great shooting star pattern RIGHT at the 38% fib retracement level in BLUE. From here there is a lot of open air below the market right now and momentum indicators are suggesting it’s time for a sharp pull-back. This is exactly the type of trading signal convergence we are looking for right now. GDP tomorrow is expected to be poor so let’s see how far down we go. Make no mistake we are going to make money off this next move…just like all the others.
One Response to “Perfect Retracement & Shooting Star Candle”
Want Updates Emailed Right To You? SIGN UP!
Grab This Feed *** Friend Me *** Follow Me
Today's Live Market Quotes & Charts
02-03 17:30
***Make Money Trading Your Own Account***
The Bullz And Bearz Trading Archives
Grab This Feed *** Friend Me *** Follow Me
Today's Live Market Quotes & Charts
| NASDAQ | 2905.66 | ||||
| S&P 500 | 1344.90 | ||||
| ^TNX | 1.95 | ||||
| ^XAU | 200.34 | ||||
| ^XOI | 1295.01 | ||||
| GLD | 167.64 | ||||
| SKF | 46.76 | ||||
| XLF | 14.73 | ||||
| DIG | 48.09 | ||||
| IWB | 74.77 | ||||
| FAS | 90.80 | ||||
| EDZ | 12.38 | ||||
| OIH | 129.44 | ||||
| XLE | 72.77 | ||||
| BGU | 75.50 |
***Make Money Trading Your Own Account***
The Bullz And Bearz Trading Archives
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
July 30th, 2009 at 4:53 PM
[...] Read the original here: Day Trading – The Bullz And Bearz » Blog Archive » Perfect … [...]