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ShadowTrader Video Weekly 09.20.15 – Weekly topping tail, bias sideways to down

Peter Reznicek

Inverted Hammers on Weekly Bars are usually decent signals Post FOMC action has left a large reversal bar on the weekly charts. These reversal bars are more reliable on weekly timeframes than on dailies. There is some relative strength in the Nasdaq and also the Jumbotron stocks which don’t look too “panicky” to me at […]

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Peter Reznicek

Peter Reznicek is the founder of ShadowTrader.net and writer of Peter's Premarket Perspective, a morning market profile blog to help people plan their trading day and organize their thoughts before the market opens. He can be reached at asktheshadow@shadowtrader.net.

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