Join our community of smart investors

Watch: Three stock indices that have doji candles at record highs

These denote instability, but in themselves are not necessarily bearish
August 9, 2019

At the beginning of each month it's a good idea to look at charts on a monthly time frame; similarly at the beginning of each quarter and each year. What was a big surprise this week was just how many major stock indices had monthly doji candles. This is formed when a market opens and closes the observed period at the same level. Heights may vary, and have different implications. We analyse and explain these in this video.