The Spinning Top is considered a sign of indecision because it reflects a strong struggle between buyers and sellers during a single trading session. In candlestick analysis, the Spinning Top has a small real body with long upper and lower shadows. This structure shows that price moved significantly higher and lower during the session, but ultimately closed near its opening price. Neither bulls nor bears were able to gain clear control.

The small body indicates that the opening and closing prices were close to each other, meaning there was no decisive victory for either side. Meanwhile, the long wicks reveal volatility and rejection of higher and lower prices. Buyers pushed prices upward, sellers forced them down, and by the end of the session, the market returned to near its starting point. This tug-of-war highlights uncertainty and hesitation among traders.

When a Spinning Top appears after a strong uptrend or downtrend, it often signals that momentum may be weakening. Traders may be taking profits, or new participants may be questioning the current trend. However, the pattern alone does not confirm a reversal. It simply suggests balance and a pause in direction.

Because it represents equilibrium between supply and demand, the Spinning Top is widely interpreted as a visual symbol of market indecision.