June 5, 2011
RELIABILITY: HIGH
· The first day is a White Marubuzo day · The second day is a Black Marubuzo day that gaps downward
This pattern is a strong sign that the market is headed downward. With this indicator, the previous market direction is not as important as with other indicators. 
Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
How to identify it:
· Small real body at the lower end of the trading range · Upper shadow usually at least three times as long as the real body · No (or almost no) lower shadow
The market gaps open above the previous day's close in an uptrend. It rallies to a new high then loses strength and closes near its low: a bearish change of momentum. Confirmation of the trend reversal would by an opening below ...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY: HIGH
How to identify it:
· The first day is a long black day · The second, third, and fourth days have small real bodies and follow a brief uptrend pattern, but stay within the range of the first day · The fifth day is a long black day that closes below the close of the first day
In a downtrend, a long black day occurs, following by three days of small real bodies that fall into a short uptrend. On the fifth day, the bears come in s...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY: HIGH
· First day is a long white day · Second day is a small day that gaps in the direction of the previous trend · the third day is a black day
In an uptrend, the market builds strength on a long white day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. This scenario generally shows an erosion of confidence in the current trend. Confirmation of the... Continue reading...
Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY: HIGH
· First day is a long white day · Second day is a doji that gaps in the direction of the previous trend · The third day is a black day What it Means:In an uptrend, the market builds strength on a long white day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. This scenario generally shows an erosion of confidence in the current trend. Confirmation of the tre...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY:MODERATE
· A long white day occurs · The second day is a black day that completely engulfs the real body of the first day What it Means:Occurring in an uptrend, the Engulfing depicts an opening at a new high, followed by a high volume sell-off that closes at or below the previous day's open. This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two days of the...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY:LOW/MODERATE
· Small real body at the upper end of the trading range · Lower shadow at least twice as long as the real body · No (or almost no) upper shadow What it Means:
There is a sharp sell off after the market opens during an uptrend. However, by the end of the trading day, the market closes at or near its high for the day. This signifies the potential for further sell-offs. Since the certainty for a Hanging Man indicator is ...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY:MODERATE
· First day is a long white day · Second day is a doji that gaps in the direction of the previous trend · The shadows of the doji should not be long 
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
· First day is a long white day · Second day is black with an open above the high of the previous day · Second day closes within but below the midpoint of the first day's body
In an uptrend the market gaps open, but loses ground to fall below the midpoint of the previous day. The Dark Cloud Cover pattern suggests an opportunity for the shorts to capitalize on the next day's open: a warning sign to bullish inves...
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Posted by tushar chatterjee. Posted In : Technical analysis
June 5, 2011
RELIABILITY: High
· First day is usually a long white day · Second day is a doji that gaps in the direction of the previous trend · The third day is a black day, gapping in the opposite direction, with no overlapping shadows
In an uptrend, the market builds strength on a long white day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. This scenario definitely show...
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Posted by tushar chatterjee. Posted In : Technical analysis
