Didn't have to wait. Got the rejection today I posted about yesterday.
The chart above was saved just after the close, You can see we got a nice Bearish Engulfing candle. That's a sell signal, but I don't want to add to my position until we get confirmation. Confirmation in this case, the way I trade, is a close below the 8 EMA (the orange curvy line). We pierced it during the day, as you can see by the candle wick, but we closed well above it right on the 3 EMA (the purple curvy line). It would have been more bearish if we closed below either of those moving averages.
Lets see what happens tomorrow.
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