I bet we get a bearish DOJI candle in index futures

Yep yep yep, then tomorrow all the sudden when everyone is expecting the market to FINALLY correct, the confidence report will be outstanding and the market will swoon higher stopping out all the early birds who toughT it was going to FINALLY correct.

THATS what MY CRYSTAL BALL SAYS

 

I though a DOJI was neutral. What makes it bearish?

 

Tom DeMark indicators look like setting up for a major downward correction. You heard it here first....then again I've been wrong before - many times!!!

 

A doji in and out itself is nothing. It must be read in context of the chart and current movements.

 

To me it means that the market isn't sure which way to go. Neither bearish or bullish, more like confussed. Just like me

 

All indexes are sporting weekly DOJI as of this typing, 2:20 cst.
Last Friday we had the same setup then in the last ten minutes of trading the jam it up 40 points in the dow to erase the DOJI.

So lets see what happens this Friday.

 

SP500 CASH SPORTING MACD DIVERGENCE, AND A DOJI TO BOOT HUMMMMMMMM.

 

SP 500 Futures, I like to watch after the cash market closes what happens in the futures.