SP500 Donkey Pattern (The Feds Inside Joke) | S&P 500 Technical Analysis

In today's S&P 500 Technical Analysis update we review the price action on the daily timeframe and 30 minute candlestick charts.

I will discuss support and resistance levels on the SP500 as well as review any patterns that appear to have formed.

Today formed an evening star pattern on the daily timeframe and broke out of the bull flag we mentioned on previous stock market forecast videos.

The evening star candlestick pattern is a sign of a bearish reversal. I still plan on sitting on the sidelines and waiting patiently for the SP500 to touch the $3000 support range or breakout to to close the window at $3200.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:23
Evening Star Pattern: 00:45
SP500 30 Min: 07:49
Concluding Message: 12:54
Donkey Pattern: 13:18
Coco Burps: 14:11
Shhh : 15:23

Previous S&P 500 Technical Analysis Forecast:
○ https://youtu.be/Z_YxowCMDUk

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