Intraday Market Thoughts
New Gravestone Doji
by
Jan 23, 2017 14:34
The chart below shows the start of what could be a massive bearish gravestone doji on the monthly timeframe. The month ends Tuesday of next week, which is one day before the FOMC decision. The last time there was a gravestone doji on this monthly chart, the index went on to lose more than 2.5% before stabilizing in December. Interestingly, the dynamics in the price action as well as the stochastics are increasingly similar to October. A short has already been posted and issued last week to Premium subscribers. Separately, the 2nd leg of the EURUSD has been triggered after the long hit its final target for 155 pips.
Latest IMTs
-
Nasdaq Bounce
by Ashraf Laidi | Jun 8, 2026 12:17
-
Bitcoin Gold DowJones
by Ashraf Laidi | Jun 3, 2026 20:51
-
Nasdaq DMA Exhaustion
by Ashraf Laidi | Jun 2, 2026 10:05
-
Revealing the Trade
by Ashraf Laidi | May 28, 2026 21:11
-
The Nvidia Reversal
by Ashraf Laidi | May 20, 2026 19:47






