Thursday, February 23, 2012

Rally Monkey, in the study, with a bearish engulfing candlestick - FT Alphaville (blog)


Rally Monkey, in the study, with a bearish engulfing candlestick
FT Alphaville (blog)
The S&P 500 Computer Hardware Index has outperformed the market by a huge amount since the start of the year and has been leading the general rally higher. But last week saw a bearish engulfing candlestick in the index. This is when the open and close ...