Category:SBLFO

Open Had Many strong Bull Bars, or many big bull bars. Sometime market keeps creating big BLBCOH after every strong bear bar, it is buying pressure. If market was going up and then reversed down, it will likely to try to rally again^[1], like on 20231024.

20231024, many strong BLBCOH on the open, got rally after a selloff.

If market was going down from the open while having many strong bull bars on the way down, it will likely to have a rally later in the day.

20231130, many strong bull bars on the way down, got a rally later around 2pm ET.

See also SBRFO.