Wednesday, March 11, 2020

DBS - White Not Enough Power

Yesterday DBS white candle did not continue its run up today.  It started strong but close weak.

One main reason was that the Dow Futures was -500 points in the morning.   Second reason is that overall trend is down.  We need to put more weight to the overall trend and conclude that there is a 60% chance the bear will win the fight today.


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