SPX today showed a hammer with gap down opening but in the end bull were able to take the market up. SPX is sitting on a support and since past 4 trading days it was tested. Today there was decreased volume but fall in price. I believe from here market should go up and we should see some few green candles. Also most of the big caps are waking up this should support upward movement.
Ideas for entertainment, they are not a trading advice
Ideas for entertainment, they are not a trading advice
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i Believe there should be a good green candle and bullish engulfing pattern should form
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DId i told u all the future. The candle was engulfing the red candle. I hope u all enjoyed it
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increased in price from the date posted. Power of technical analysis.