Tag Archives: inside day
In the last three days there is indecision in stock market price action with the S&P 500 forming an interesting pattern of inside/outside days. Although this particular pattern indicates a small bullish bias, careful analysis shows that it is actually … Continue reading
Undoubtedly, inside days denote indecision. But this is as far as we can go. That these common formations can tell as anything about price action in any timeframe is another technical analysis myth.