SPDR S&P 500 (SPY): The daily candles of yesterday and today...

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Thursday, 12/13/2018 11:48:23 AM

Thursday, December 13, 2018 11:48:23 AM

The daily candles of yesterday and today look a lot like 11/20 & 11/21. Two bearish red tall wick candles. This was followed by a gap down 11/23 with a VERY bearish reverse hammer. Yet this was followed a gap up to 2650 on 11/26 followed by a move to 2800 in just 6 trading sessions (150 points)

I’m feeling a very similar repeat here... bearish chop latter part of this week.. gap down FED Monday followed by a huge move the rest of the week.

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