In the words of the Anchorman Ron Burgundy, “Well, that (de) escalated quickly.” Over the weekend we examined the weekly shooting star candlestick pattern on $SPY and $QQQ. Then on Monday in “Off to a good start” we looked at Friday’s hammer candlestick and Monday’s confirming price action. And now, two days later all of that is gone and it kind of feels like we’re watching a tennis match.
4/6/22 mid-week market update
4/6/22 mid-week market update
4/6/22 mid-week market update
In the words of the Anchorman Ron Burgundy, “Well, that (de) escalated quickly.” Over the weekend we examined the weekly shooting star candlestick pattern on $SPY and $QQQ. Then on Monday in “Off to a good start” we looked at Friday’s hammer candlestick and Monday’s confirming price action. And now, two days later all of that is gone and it kind of feels like we’re watching a tennis match.