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Monday, 08/23/2010 5:46:08 PM

Monday, August 23, 2010 5:46:08 PM

Post# of 1317
COCO chart shows a doji today:

Upon seeing a Doji in an overbought or oversold condition, an extremely high probability reversal situation becomes evident. Overbought or oversold conditions can be defined using other indicators such as stochastics, When a Doji appears, it is demonstrating that there is indecision now occurring at an extreme portion of a trend. This indecision can be portrayed in a few variations of the Doji.
http://candlestickforum.com/PPF/Parameters/12_221_/candlestick.asp

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