
Technical | Analysis page 456 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 18 Confirmation 427 Shock Spiral When we looked at the Dead Cat Bounce (DCB) in Chapter 17, we saw that a substantial volume spike occurs prior to the formation. Remember that the DCB occurs after a shocking news announcement causes a sudden and dramatic shift in price direction, usually…