21 out of the last 20 hourly candles

S&P 500 IndexTVC

Description

⋅ Apr 12, 2021 8:21 PM

have closed above the 5 period EMA. I have never seen anything like this. And the one that did close below, only closed below by .3.

This has to be the most ridiculous example of machine controlled market mechanics, and I'm struggling to understand why.

Our largest negative hourly candle on SPX since 03/31 is [I].21%.

Comment

⋅ Apr 12, 2021 8:37 PM

20 out of the last 21 hourly candles*

Trend Analysis

Comments

skybreakr

⋅ Apr 12, 2021 8:33 PM

Just have to manage your risk to reward bro and keep your exposure low. Aprils got edge but we can definitely chop sideways. I was suprised it didnt go lower either