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04/13/2018 Market Recap

04/13/2018 Market Recap

Postby Cobra » Fri Apr 13, 2018 4:21 pm

I said bulls must hurry because bears are rallying for a counter strike. Well, bulls tried (gap up) but unfortunately failed. Now bulls and bears tied at 2:2. The next watch point is whether bears have regained the ability to make 2 consecutive red.

By the way, statistically, whenever SPY made bearish engulfing at 10-day high (such as today), the next day has 69% chances to close up.
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Re: 04/13/2018 Market Recap

Postby Cobra » Fri Apr 13, 2018 4:32 pm

statistics about SPY bearish engulfing at 10-day high.
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