SPY Doji As noted by the spinning top and doji, a standoff shows lack of conviction among buyers and a possible resistance level. http://stockcharts.com/school/doku.php?st=doji&id=chart_school:chart_analysis:candlesticks_and_resistance http://d.stockcharts.com/school/data/media/chart_school/chart_analysis/candlestick_and_resistance/candle6-resistdoji-vrts.png http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=8&dy=14&i=p63706978400&a=376797311&r=1419041378458