Was that a Follow Through Day?
Monday, March 1st, 2010Here is the definition of a follow through day from IBD.
System developed by William J. O’Neil to identify an important change in general market direction from a definite downtrend to a new uptrend. From the beginning of any attempted rally during a definite downtrend, a ‘follow-through’ day is identified when the index closes up 1.7% [...]