SPX Bullish Weekly Closure 02.07.2021

Today major indices made bullish weekly candle formations, confirming the rally. Two days ago a similar message was sent by the monthly candles (link below). Let’s look at the details. SPX and NQ: Confirmed Bullish Engulfing. DJI: Confirmed Bullish Harami. Smallcap: signals a possible pause (nothing bearish yet). DJI has completed a bullish flag that…