This type of candle shows lots of indicision and gives us very little data on what to expect tomorrow. We'll just have to wait and see.
SPX Daily Chart:
Monday, June 9, 2008
SPX: Doji
The SPX finished slightly up over Friday's ugly day and formed a doji on the daily charts right on the 100MA. The index price action is still under the intermediate downtrend line.
This type of candle shows lots of indicision and gives us very little data on what to expect tomorrow. We'll just have to wait and see.
SPX Daily Chart:
This type of candle shows lots of indicision and gives us very little data on what to expect tomorrow. We'll just have to wait and see.
SPX Daily Chart:
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