Trader's Logbook

A dark cloud cover hovering at the top of the uptrend signifying bears are overrunning the bulls of the previous day. Bearish Dark Cloud Cover Pattern is a two-candlestick pattern signaling a top reversal after an uptrend. We see a strong green real body in the first day. The second day opens strongly above the previous day high. However, market closes near the low of the day and well within the prior day’s green body at the end of the day.

If it can’t be remedied then ABAndon ship!