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Definition of Follow Through Day

(2008-11-25 15:57:11) 下一個

IBD says - "After a market downtrend, any subsequent up day counts as Day 1 of a rally attempt. A follow-through is a gain of 1.7% or more by at least one of the major indexes on higher volume than the previous day, occurring on Day 4." 

Follow-through days to IBD signal confirmation that the market is in an uptrend.

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