SPX - Doji Star
$S&P 500(.SPX)$ - Doji Star: This indecisive price action has preceded visits to the 20DMA.
The oscillator isn't overbought, actually is curling up, but the $Cboe Volatility Index(VIX)$ jumping +5,6% is a serious warning ahead of big economic news tomorrow.
The day was green as expected, but weaker than expected.
A chart displaying the S&P 500 index on a weekly timeframe. Candlestick patterns with orange arrows pointing to specific points, moving averages (5 MA, 10 MA, 20 MA, 50 MA) as colored lines, and a Stochastic RSI indicator below.
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