These are 3-day candles for major indices futures. They are not bullish. NOT BULLISH AT ALL! From the candles theory perspective, they are just a pause (of humongous magnitude though) before resuming a move downwards.
In order to make a bullish statement, today they need to close above:
ES – above ~$4390 (+ another 1.2% from $4337 as I type)
NQ – above ~$14930
DJI – above ~$34560.
There are also multiple technical considerations to support the message from candles. I’ll discuss them today in my daily analysis for subscribers.
Miracles are always possible.
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