I've long been a fan of Candlesticks and recently i've started rereading Steve Nison's great books on them. Again an old lesson has resurfaced. Seemingly simple knowledge, yet profound in how it can really change the way you see prices.
Any advances in whichever direction should be 'healthy'. Captured neatly in the saying, '2 steps forward, 1 step back', it implies that in a healthy bull market, prices SHOULD encounter resistance, and you will see this in the candles. If there was nothing but buying going on, at one point there won't be any left and it won't take much effort on the sellers part to push prices down. The faster it rises, the more dramatic the fall.
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