Inside Bar 13 Mar, 2012

Yesterday, the S&P500 index closed the day flat with what is known as an "Inside Bar". These bars are characterized by being fully contained within the previous bar and reflect a balance between buyers and sellers. Further movement is usually a strong movement, which is sometimes later solved with a change of trend.

For now, the future index have broker upward with a lot of force. Now we have to wait if it meets the turning pattern.

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