October began with dojis scattered across the battlefield, on both daily and weekly charts. In our original “Doji Know?” commentary, the generals were hesitating near resistance, while the dividend brass commanders and equal weight lieutenants were testing the foundations of support. Similar candles, very different coordinates. The question posed was whether September’s leadership was ready […]

Doji Know? Part III Looking back at last week’s field report, most regiments flashed dojis, signaling indecision and the potential for change in the trend or countertrend. The generals’ doji tested resistance near the highs, while much of the broader field’s dojis tested support near the lows. The candles looked alike, but their placement on […]

DOJI Know? The Ranks Try to Reassemble After last Friday’s S&P 500 doji on high upside Capital Weighted Volume, Monday opened the campaign with force as more than 75% of Capital Weighted Volume moved to the upside. Tuesday followed with the S&P 500 closing at a new all time high and reaching 7845 on a […]

DOJI Know? The week closed with the market standing at another crossroads. Wednesday, the final trading day of the 3rd quarter, the S&P 500 slipped -0.25%, yet 87% of Capital Weighted Dollar Volume registered as inflows. Friday then delivered another unusual field report, the S&P 500 gapped higher, closed near its open, formed a doji […]