It's been pointed out already, but there's a text book example of an evening star formed on the Nasdaq comp this week.
Chart:
http://www.bigcharts.com/intchart/frames/frames.asp?symb=nasdaq&time=7&freq=1
A bearish signal, there was another around 2800 and also around 4200 in Sept 2000.
Any chartists care to comment ?
(Hope the link works)
Chart:
http://www.bigcharts.com/intchart/frames/frames.asp?symb=nasdaq&time=7&freq=1
A bearish signal, there was another around 2800 and also around 4200 in Sept 2000.
Any chartists care to comment ?
(Hope the link works)