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Re: JoshuaHarris post# 25889

Tuesday, 02/09/2016 5:59:33 PM

Tuesday, February 09, 2016 5:59:33 PM

Post# of 50023
On the same link I provided on the message to stokbrokin, scroll down a little more, and, see what a doji looks like. Compare with the Spinning Tops, and, then with the DOW's candle.

You will find that they have big differences, even if at the first glance, they look similar.

Tell me what you find, and, if needed, I will correct. I only do not tell you now, because if you learn for yourself, you will not forget the differences so easily.

Correction: In fact, you are correct, today's DOW candle is a Doji, not a Spinning Top. The first time I saw it, the candle was still under the light that shows up during the market hours, and, up to 20 minutes the close of the market, and, I couldnt see well the open and close, I mean the body, but, now it is clear, it is a Doji, because the close and open are very close, on the Spinning Top, the body is longer, because the open and close are more separated. I apologize for the confusion.

However, the meaning is exactly the same of a Spinning Top, indecision, and, on a support, it means that the trend may change.

Cheers
Dr Pennystock