On October 2, 1987, the first of two Doji appeared. The
Open and the Close of that Doji in the Dow Jones Industrials Index
on that day were 2639.20 and 2641.00, respectively. The
second of the two Doji appeared on the next trading day, October 5,
its Open and Close being 2641.00 and 2640.20 respectively.
(See chart below.)
Note also that, straight across
the two Doji, the two Opens and the two Closes were so close in
terms of points as to be considered together as a separate, third
Doji, which in my book "Candlesticks For Brighties" I have
characterized as a "Unique Triple Doji." "Black Monday"
followed, a few weeks later. From the Close of the second
Doji on Monday, October 5, 1987 to the price Low on Black Monday,
October 19, prices fell 962.60 points - a decline of 36.46%.
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SPX Views
Posted by steve on 7th of Mar 2016 at 03:26 pm
$SPX - Chart Link
$SPX - Chart Link
$SPX - Chart Link - back to back doji's currently on daily
The Two-day Triple Doji On October
Posted by EdZ on 7th of Mar 2016 at 03:35 pm
The Two-day Triple Doji
On October 2, 1987, the first of two Doji appeared. The Open and the Close of that Doji in the Dow Jones Industrials Index on that day were 2639.20 and 2641.00, respectively. The second of the two Doji appeared on the next trading day, October 5, its Open and Close being 2641.00 and 2640.20 respectively. (See chart below.)
Note also that, straight across the two Doji, the two Opens and the two Closes were so close in terms of points as to be considered together as a separate, third Doji, which in my book "Candlesticks For Brighties" I have characterized as a "Unique Triple Doji." "Black Monday" followed, a few weeks later. From the Close of the second Doji on Monday, October 5, 1987 to the price Low on Black Monday, October 19, prices fell 962.60 points - a decline of 36.46%.