$SPX - Indecision With a Harami/Inside Candle
$SPX - Indecision With a Harami/Inside Candle
It could anticipate a reversal. It's worth considering two aspects: Price is above the 5DMA with a bullish Stochastic crossover. Managing risk is key, but there is no confirmation for a bearish reversal.
Circles in candles show bullish or bearish developments, and circles in oscillator show mostly bullish continuation, not the red case. The weekly chart is key, 250💚likes to post it.
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In an ocean of bearishness, I posted a $SPDR S&P 500 ETF Trust(SPY)$ weekly chart during the weekend, that chart did not present a bearish setup.
Looks like the thesis was proven true, unless the market crashes in the next three hours?
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