SPX: Earth and Moon Reversal Pattern
Updated
The same daily pattern has shown up for a third time since the COVID recovery began. It's a low volatility day (small candle), followed by a small gap down into a volatile and choppy period for four days, then a reversal into a new secular bull run.
It looks like a planet and a moon, hence the stupid name.
It looks like a planet and a moon, hence the stupid name.
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It happened again, folks.
Am I the only one who sees this terribly obvious recurring pattern at the end of daily corrections? Or am I the only one who's dumb enough to point it out to the rest of the world?
Probably the latter...
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