S&P 500
Diupdate

SPX: Earth and Moon Reversal Pattern

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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.
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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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