Today the major US indices formed various bearish monthly candles/combos. All on overbought RSI. Previously, a similar condition happened in 2018. Smallcap and NQ – Hammers. SPX – Dragonfly Doji. DJI – Spinning Top/Evening Star.
The candles typically require confirmation. June will have a lot of see-saw.
Time for a sizeable reversal? I hope I am wrong.
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