That Red Candle Was Not A Fake

August 30, 2022
Author: Peter Stolcers, Founder of OneOption

This is a sign of heavy selling and the next leg lower will come.

PRE-OPEN MARKET COMMENTS TUESDAY –Long red candles off of a relative high don’t lie. If you look back at the chart for this pattern you will see that there is follow through selling. It might take a few days or it could happen next week.

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