What candlestick patterns have you found particularly useful on the daily chart? I've noticed that reversal patterns at the top of a pullback can have excellent predictive power, especially dark cloud cover and bearish engulfing.
I watch the daily candles very closely. I think they are very helpful. Especially when gaps are involved. Here's a 2hr chart of the NAS, Friday's gap and reversal may turn out to be a key reversal? http://share.esignal.com/groupcontents.jsp?folder=Moving Averages&picture=0823nas.png&groupid=225
Like that topping tail ,7/14/03 on SPY. QQQ put in a top tail or topping tail 7/14/03 also. ================================== I look on other factors also. ==================== Larry McMillian says in an ad on top of this post''wouldn't trade without it ''[Esignal] Wouldnt trade without looking for a top tail or bottom tail.