Quite a doji today on

    Posted by timebandit on 27th of Mar 2025 at 04:25 pm

    Quite a doji today on SPY daily

    Can a Morningstar pattern immediately

    Posted by te22 on 27th of Mar 2025 at 07:29 pm

    Can a Morningstar pattern immediately follow an Evening star pattern? In other words, reasonable to buy the upside break of the top of the doji?

    I think the technical term

    Posted by patellee on 27th of Mar 2025 at 05:44 pm

    I think the technical term is gravestone doji.  Did I get that right?  Clearly the the bears are trying to push down buyers.  Given the tariffs back drop I still think buyers put up a hell of a fight.  We'll need to see the price action tmw to see if the bounce is done or not me thinks. If the next session closes lower, that strengthens the bearish signal or vice versa.

    I think technically it's a

    Posted by timebandit on 28th of Mar 2025 at 08:56 am

    I think technically it's a long-legged doji. Gravestone would have no tail underneath the body. A long-legged doji is largely an indecision indication, which would have me worried if I was leaning strongly in either direction.

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