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Identifying Wednesday’s Sell-Off

Wednesday saw a dramatic sell-off in the last half hour of trading.   While markets were still generally positive on the day, the turn was dramatic.  Folks in our chat rooms saw us identify the turn in real time.   The video below shows the clues we used and how we intend to figure out if it is likely to continue.

Several of you also wrote and asked for us to produce more content like yesterday’s video on inverted cup and handles.   So we’ve also thrown in a discussion of an island reversal at the end of the video.

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If you prefer to view the video on your computer you can save it by right-clicking the download link.   However, you must have a player that can view .FLV files.

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