according to the "book", when we have a doji on an uptrend, it means rally losing momentum, reversal maybe occuring soon. Was looking for a white long candle stick last night, but end up with aother doji.
Chrysler stopped yesterday's U.S. rally, SP500 hit 888.7 then retreat...
Maybe a good idea to off load some long position before 10:30am and stay out again for a while.
Any thoughts please?
mayday friday, page-5
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| XJO (ASX) Chart |