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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: John Pitera who wrote (33201)9/9/1999 9:20:00 AM
From: donald sew  Read Replies (2) of 44573
 
John,

It was also another LONG LEGGED DOJI. We had a LONG LEGGED DOJI about 10 days ago which preceded the previous pullback, and another one in early JULY. The one in JULY was at the beginning of a flat period of about 9 trading days before the selling intensified.

It is commonly consider a strong signal of indecision, and indecision commonly implys a reversal after a significant move in either direction.

seeya

seeya
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