Sunday, July 19, 2009

Friday's candlestick shown weakness

Friday's candlesticks for Dow, Nasdaq and S&P have shown weaknesses, look for possible turnings. 'spinning top' candlestick for both Dow and Nasdaq indicates indecision and weakness. Red candlestick is needed to confirm the turning.


The 'doji' candlestick for S&P indicates potential turning point. It needs a red candlestick next Monday to confirm the turning.

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