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Friday, July 20, 2012

DOJI

After a four day surge that carried the Dow Industrials SPDR (DIA) above 129, the ETF formed doji to signal indecision on Thursday. Also notice that DIA formed indecisive candlesticks at the prior two peaks. A gap down and long black candlestick on Friday would form a rare evening doji star.

120720diaditc
Click this image for a live chart

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