S&P 500 Analysis after closing bell

SPX WITH GOLDEN CROSS

DAILY CHART WITH WHITE MARUBOZU

DAILY CHART WITH ASCENDING TRIANGLE

• Unlike the death cross that spx had recently which did not do any favour for the bears, The golden cross seems to be giving good returns for the bulls.
• The way the index closed. It nearly missed a white marubozu. a white marubozu shows the extreme conviction among buyers.
• Third chart shows an ascending triangle breakout. Yesterday's closing above 1196 did gave a clue of what's going to come.