Viewed in that fractal ( 9 day), yes it clearly shows a reversal candle to the upside formed and is every bit as enticing for the opposite reason that the daily SP500 looks savory.
This 9 day juxtaposed to the daily kinda confirms what my ST outlook is , BECAUSE we may see the following play out based on the two charts....
[perhaps a quick slide on the daily ( see reversal candle ) to test the bottom of the 9 day candle wick or there abouts ( 260s, and possibly a gap fill apx 261.5?) AND THEN once daily back in OS, we see a sharp pivot up, with the next 9 day candle having confirmed bottom of that period and then even higher than the current 9 day candle posted ? That would be a lot of movement in 9 days , and could be an amazing opp. .]
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