Bearish Candlesticks Friday Do Not Necessarily Translate Monday
May 13, 2024 at 08:33 AM EDT
We have seen this before; a rally of a few weeks tops off with a reversal candlestick, but the next day, the rally continues. For the Russell 2000 ($IWM), there was a 'bearish cloud cover' candlestick to finish Friday's trading.
