REVERSAL CANDLESTICK

SPX had a doji yesterday on the daily chart and no lower low on the intraday chart either and that is good news for them bulls.

I could not find anything of importance for the bearish nor bullish case today so I’ll just publish a chart with some obvious levels.

SPX 1H

To make a long story short, bulls want to see a close above the green area and bears a close below the red area (area ~1360 is the key level, it should not be the case today though..).

Intraday wise, the triangle could provide some action. Expected range is 1320 – 1355.

Below SPX daily chart.

SPX 1D

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