I am curious of others thoughts on this monthly candle close.
Not only the Nasdaq but Spy, Dow all closed with bearish reversal candles after a frothy year and a month of mania and extremes. Large influx of retail traders as well.
Go back and look for monthly doji reversal candles that aren’t at a top. Perhaps it’s not the too but only a significant correction or a healthy pullback.
Haven’t seen any posts of this around curios on thoughts.
Not only the Nasdaq but Spy, Dow all closed with bearish reversal candles after a frothy year and a month of mania and extremes. Large influx of retail traders as well.
Go back and look for monthly doji reversal candles that aren’t at a top. Perhaps it’s not the too but only a significant correction or a healthy pullback.
Haven’t seen any posts of this around curios on thoughts.
Comment:
lol