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Chart of the Day: COMPQX
September 21, 2011
NASDAQ (and the market) just tanked…
The slowdown indicated on the chart yesterday was a warning issued two days earlier.
Heikin-ashi does not look at candlestick patterns; in less than 10 seconds:
- It looks at each bar one at a time,
- Removes the noise, and
- Reveals trends, consolidations, and reversals.