Market Action: Doji recovery attempt, after Official correction signs

Yesterday the sp500 marked a 5th distribution day in the past 4 weeks, signaling a correction from classic price and volume action. Though IBD had already signaled one on 6/6 when the most recent rally attempt failed, no such distribution days had arisen. Since almost all major market declines are preceded by rapid distribution days it made the near market outlook far more negative. Today the market averages finished in Doji-like action. Opening high and progressing higher into the midday only to lose all of the gains but with in the final half hour closing near the open. Anecdotal evidence from individual stock action(FRE 2/27, DIVX 2/25, lesser AMD 11/16,) indicates such action after sharp drops from shorting areas only adds fuel to the down trend.