Traders Laboratory - View Single Post - YM, ES and DJIA Analysis
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Old 08-26-2007, 10:09 AM
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Re: DJIA Candles

James,
My thought is this - if you went long on the hammer, you remain long as price continues to rise. You made an excellent observation that the volume is decreasing, so I would be watching this closely. I personally would consider staying long until a bearish pattern formed AND confirmed the following day.

Excellent observation.

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