3 white soldiers? Yes and NO

Yesterday, I suggested the good possibility of getting a bullish 3 white soldiers candle pattern.  As I posted earlier today, this did NOT occur.

However, I neglected to post that the QQQQ DID get the pattern... 3 white soldiers, that I expected yesterday.

SO we have an interesting contradiction here. The SPX has a bearish harami pattern, while qqqq has bull 3 white soldiers. My bias is still to upside for both the qqqq and spx (followed by the larger move down).

We will see if the QQQQ can pull the SPX and Russell up tomorrow. SHould make for an interesting day.


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".