Stock Market Analysis – 02-05-2010
February 6, 2010 at 6:01 pm · Filed Under Broader Market
A dragonfly doji is normally a bullish reversal signal, but the action was unconvincing to me. Whenever I get conflicting signals, I usually find it best to play it safe. After the first few hours on Monday we should get a better idea of whether Friday’s late bullish run will last, so I’d be inclined to trade the direction of the market at lunchtime if I was looking for overnight trades.
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