No one wanted to hold any positions going into tomorrow's unemployment report. We closed at the top of the gap formed on Tuesday. The flag pattern is still intact but we have validated yesterday's doji as a reversal candle. On the weekly chart, last week's low has not been breached.Thursday, December 3, 2009
Close at top of Tuesday's Gap
No one wanted to hold any positions going into tomorrow's unemployment report. We closed at the top of the gap formed on Tuesday. The flag pattern is still intact but we have validated yesterday's doji as a reversal candle. On the weekly chart, last week's low has not been breached.
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day trading,
investing,
market,
options,
stocks,
technical analysis,
trading
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