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Warning of market selloff written in the ‘Doji’ stars

ALMA telescope located in the Chilean Andes.
Source: ESO | B. Tafreshi | twanight.org
ALMA telescope located in the Chilean Andes.

Chris Kimble of Kimble Charting Solutions told clients of his plans to initiate a short position in U.S. stocks mainly due to the prevalence of an obscure technical analysis phenomenon taking place on the price charts for many major asset classes, including the S&P 500.

That obscure pattern was the "Doji star."