gb50k

SPX, M - Been here before?

Long
FX:SPX500   S&P 500 Index
Chart shows 2 months with similar candles to the current candle.
One instance leads a bull rally. The second leads to several moths "inside" and then breakout to the upside.

Criteria for similarity:
  • 1) Red
    2) Low > 21 EMA (third line from top). Note: 200SMA out of scope.
    3) candle body contained in top half of candles full range (High - Low)

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