Well we did not get the close 50% up into the body of the previous day that we were looking for which would have created a piercing candle. Instead what we ended up with is basically a 'spinning top' although a spinning top generally has a small body with long wicks on either side. The spinning top represents indecision between buyers (bulls) and sellers (bears) and as a result is a fairly 'neutral' formation. We will have to wait for the next candle to see if any direction becomes apparent.
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