Doji Means Indecision
The markets formed a doji in week one of 2012. This is a sign of indecision and could be expected at the onset as traders and hedge funds begin to pick up trading again in the new year. That being said it is the long term investors which drive the long term trend of the markets. Aside from the intraday and a few small daily trends, we have really gone nowhere in the past year. We saw a few longs…