End of Day Post for 8/21/17

Not much activity in indexes or stocks in general. Market participants are simply waiting for buy confirmations. Overall conditions are to the downside but weak as identified by candle analysis. more dojis, or indecision day candles with tails and wicks. Buyers and sellers are not in agreement. Cleaner candles with no wicks or tails would signify pro action but they seem not to be as active. We will wait until we get some strong buying confirmation before we enter positions.

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