the thing about trends is they don't last forever
when is this market going to top?
- Thread starter recession2016
- Start date
the thing about trends is they don't last forever
*sighs*
i don't care what you have to say if you don't agree with my statement
just because something happened in the past 150 years doesn't mean it will keep on happening in the next 150 years
What exactly is a nasty bearish candle on the monthly? What should I be looking for?
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Ever read [200dma],IBD newspaper??? You should- it may help you, not a prediction.
I know there's a full sentence in there, waiting for an English translator......
But to remind everyone of the context:
1) Unless you define "top" this is a useless discussion.
2) "200dma" is a reference to a calculation; it does not define a top.
Put the phone down, and write a full sentence like your grade school grammar teacher taught you. Then we (all) have something sensible on which to chew.
As a precaution, though, I'm going to Un-follow this discussion -- a battle thus far between merit and inanity. Sheeesh. I am a big fan of silly -- but not like this.
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Good question, cant help with the nasty part.But Bearish monthly candles are plentiful on 2008, SPY.For daily charts; 200 dma works.Its not a prediction, nor is it a top definition .LOL.Good question,Ironchief, hope this helps.
Thank you for taking the time to answer my post. I read a lot of books on candlestick charting and about indicators using candlesticks but when I looked at candlestick charts I just could not make sense out of the "indicators". I could find the same bearish candlesticks everywhere that were not bearish and vice versa for bullish ones. There must be something else I don't know about and that was why the question.
Regards,