Look at the 60 MIN SPX chart, the squares highlight the Tweezer candle tops. The Tweezers tops are two candles that touch the same highs, leaving long wicks at the top. It means that the bulls had control but the bears were able to push the market lower at these levels twice. Keep an eye out for these patterns and trade accordingly. For more info on Tweezer Tops or Bottoms check out this article.
Follow me on Twitter for more trade ideas.
