Sentences with phrase «weak close confirmed»

Yesterday's weak close confirmed a hanging man bearish reversal pattern and bearish price RSI divergence.

Not exact matches

As I argued when the second quarter GDP numbers confirmed the recession, the big issue is not whether GDP growth is slightly positive or slightly negative. The big issue is why it has been so close to zero in the first place. The July GDP numbers do not change that analysis. And they do not change the empirical fact that the Harper government's overall economic record — even before this year's downturn — is uniquely weak, on both historical and international criteria.

A bearish price - MFI divergence would be confirmed if bitcoin closes today on a weak note.

Also, a weak close today would confirm a bearish doji reversal on the daily chart.