Quite a breakout for a tremendous and very classic trend-day. From the archives, here is a recap of “Hallmarks of an Up-Trend Day” for your future reference. The only caveat on the daily bars, is that this move once again puts us into the beginning stages of overbought.

Related posts:

  1. 10.06.09 – Trend-Day Part Deux
  2. 06.02.10 – Bull Trend Day
  3. 10.13.10 – Another Bull Trend Day
  4. 10.20.10 – Trend Day Revival
  5. 12.01.10 – Big Trend Day