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Friday, 05/24/2024 10:04:10 AM

Friday, May 24, 2024 10:04:10 AM

Post# of 67899
The S&P 500 $SPY suffered a bearish engulfing candle at a new high
By: Jason Goepfert | May 23, 2024

• The S&P 500 $SPY suffered a bearish engulfing candle at a new high.

Even worse (on a chart), it gapped to a new high then closed at a 5-day low.

If you sold based on these patterns any other time, you'd be a loser pretty much every time.





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