S&P 500 Index
Short
Updated

I spy an Evening Star Doji on SPX

191
so alot is going on. when we gapped up and ran nonstop 3/25-3/26, i decided to look for reversal signals. tues was a tight range. it formed a doji; which was suspect. the move below the open print today was the second. and now i see we are up on a tweet and a prayer. this 3 candlestick pattern confirms that. however... the higher timeframes are in a wide range. so, if we reverse the bearish candlestick >5720 i believe we can retrace a bit... maybe revisit the sell fell off area.

***to invalidate the sell trigger, we need to bet above the doji.
***if we do keep rocking and rolling... note this area. it is an unfilled gap as of now. if it gaps down, wait to see how 1st 15-30mins react. looks like ES-emini gapped down a bit. that may be it, but this is an A+ set up for a trip back to take out short term lows at least. tootles!

For more on the pattern... I love the breakdown/visual provided here:
alchemymarkets.com/education/candlesticks/evening-star-pattern/
Trade active
so we gapped down, filled gap to top and bottom, closed slightly below open. Doji print.
5667 / 5732 S/R

snapshot
Trade closed: target reached
Monthly candle dropped below 5500 and we had a buy on the day into close 3/31/25
snapshot
Note
4/1/2025 5560 is holding up. 3 candle bullish signal (morning star). 5600 is key now for me.
snapshot
Note
no wicks on the last two days. major gaps.

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