A Candlestick Observation on $ES

Obviously, candles like these need confirmation, but I just want to point these out because in both cases, I believe the structures completing are of the same degree. If we do manage to get a strong secondary candle (we may not), try to keep an open mind about better than expected outcomes.

COVID low:

ES

Yesterday:

ES

I realize that the Fed was signaling the exact opposite of what it is signaling today, but: back then it was facing deflationand today, inflation, and so perhaps the polar opposite stances are just what the market is actually seeking in each of these cases.


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