Even when markets move sideways there are important ‘things’ to detect for the aware trader. So called doji candles, or unchanged days tell us about buyer/seller balance and indecision. The more doji candles we see in a row the more powerful an eventual breakout/breakdown move. Currently we are seeing a series of doji candles in the S&P 500.
Serge Berger
TheSteadyTrader.com