Buyers Vs Sellers

Based on this 'most likely wave count' that I have explained previously, after forming sub-wave v, Dow in theory, has completed wave 5 of major wave (I), it should start to move downward to form its major wave(II). In the last few sessions, all the bearish candlesticks like doji, long-legged doji, spinning top and shooting star were formed indicating a daily tussle between the buyers and the sellers. Monday candlestick with a long lower shadow indicating heavy selling but buyers managed to minimize the damage at the end of the day. Tuesday and Wednesday 'doji' candlesticks indicates a balance of forces between buyers and sellers. Thursday saw the buyers came back strongly but lost control to the sellers at the end of the day to form a 'shooting star'. Friday was controlled by sellers but buyers came back strongly to have a positive close but there were more losers than gainers. These candlesticks indicate a balance of forces between buyers and sellers. I usually interpret this 'balance of forces' at market top as distribution and the 'balance of forces' at market bottom as accumulation.