Signal Type: Reversal Bias: Bearish Inbound Trend: Bullish Reliability: 7.8 / 10 Pattern Definition Found during an uptrend, the Bearish Three Black Crows pattern is a strong indicator of a coming reversal in trend. Consisting of three long black (bearish) candlesticks, this pattern resembles a descending staircase. With each candle, a gap up from the [...]
Take a look at this image. I took a snapshot of the new record price breakout high’s on clearstation.com. I think this is compelling evidence that the market has topped out. No New Highs
Adam is at it again. Actually finding stocks that are actually looking bullish Finding the earlier runners, the stocks who begin to recover while the market is clearly in a downtrend is a tough business. However, these stocks could also be a leading indicator of the “news” to come in the next several months. I [...]
