$SXT A 15-minute candlestick that had closed rose 16.69%, but the next 5-minute candlestick fell 6.30%. The rally was sharp, and the pullback was just as swift.
What matters more to me is the contrast between these two spot-market moves: a sharp rise in the first period doesn't mean the strength will continue in the next. At least this time, a clear pullback has already followed the rally, so we can't describe the current market based solely on that big rising candlestick.
What matters more to me is the contrast between these two spot-market moves: a sharp rise in the first period doesn't mean the strength will continue in the next. At least this time, a clear pullback has already followed the rally, so we can't describe the current market based solely on that big rising candlestick.