S&P500: Candlestick Characteristics

Engrbytrade™ Daily Trade Pattern Structure Calculations show the candlestick on September 11, 2024 has similar candlestick characteristics as the one on January 24, 2022. A brief move to the upside is expected for computers and Market Makers to distribute their inventory to retail investors.

 

Note that this information is for educational purposes only and not a recommendation.

Charts courtesy of StockCharts.com.

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