Market Update
Technical Analysis
Bearish Three Outside Down
Three Outside Down is a three candlestick bearish reversal pattern. The pattern occurs in an uptrend and begins with a candle in the direction of the trend. The second candle’s real body engulfs the first days body. The third candle closes lower than the previous candle. For a complete printable
Bullish Tri-Star
The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The bullish Tri-Star formation occurs after a downtrend. The second Doji candlestick gaps below the first and third. The succession of Dojis reflect indecisiveness in the market. For a complete printable referen
Bullish Abandoned Baby
Reversal  pattern on a Japanese Candlestick chart occuring during a downtrend where a downward gap is followed by another gap higher. For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Gravestone Doji
In a Japanese CandleStick chart, this is a doji candle where prices rallied but came back and closed at the level they started; the open and close are equal. For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Morning Star
The Morning Star is a three candle bullish reversal pattern that occurs during a downtrend. The first day of the Japanese Candlesticks pattern is part of the downtrend with a long black body. The following day gaps lower and has a small white body. The last day is a white candlestick that closes abo
Morning Doji Star
A three candle bullish reversal pattern. The first candle is in a downtrend with a long black real body. The following candle opens lower and has a small trading range. The last candle in the series is white and closes above the midpoint of the first candle. For a complete printable refer
Absolute Price Oscillator (APO)
An indicator based on the difference between two exponential moving averages, expressed in absolute terms. Also known as the MACD indicator, the APO is calculated by subtracting the longer exponential moving average from the shorter exponential moving average. See also:
Fibonacci
Leonardo Pisano, better known by his nickname, Fibonacci, was an Italian mathematician born in Pisa in the 12th century. He is known to have discovered the Fibonacci numbers, said to be based upon observations of the Great Pyramid of Gizeh in Egypt. Fibonacci Numb
Spring
A Spring describes a price movement that breaks through support, but rapidly retraces back above the this level, unable to maintain momentum. A Spring is the opposite of an Up-thrust.
Exponential Moving Average
The Exponential Moving Average is the most popular of all the versions of the moving average. The exponentially smoothed moving average gives greater weight to recent price data and also includes all the data in the life of the security. The user is able to adjust the weighting for the most recent p
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