Price Action Question? Two bullish Candles.

[deaddog]

What does this indicate in an uptrend. I have two identical candles side by side, both bullish with a small wick on the top. Can't seem to find anything on the web. I know that if the second is bearish then it's a bearish signal, but this one I'm not sure.
Thanks

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I'd like to look left for a year or more before I made a wild assed guess.

 

[M.W.]

Right on, emphasis on "ass". Those predictions come oftentimes right out of peoples' ass. They don't grasp how individual stock performance is informed by broad market performance because they don't understand who by majority holds and trades those shares. Then they also don't understand what metrics drive broad market behavior. They truly think that some charts and candles drive market prices. The highly experienced and educated elites at hedge funds must be stupid to invest millions in expensive infrastructure and services and pay traders and analysts millions if all you have to do is subscribe to a chart supplier and obtain a few historical pricing data. This is the textbook definition of pure idiocy and stupidity.

Coincidently, those are the same folks who claim the Fed is running its policy to make money and that higher inflation and non intervention by the fed must be good for people. It's unbelievable and outright shocking with what naive mindset many people put their life savings and income at risk.

I'd like to look left for a year or more before I made a wild assed guess.

 

[dominover]

Right on, emphasis on "ass". Those predictions come oftentimes right out of peoples' ass. They don't grasp how individual stock performance is informed by broad market performance because they don't understand who by majority holds and trades those shares. Then they also don't understand what metrics drive broad market behavior. They truly think that some charts and candles drive market prices. The highly experienced and educated elites at hedge funds must be stupid to invest millions in expensive infrastructure and services and pay traders and analysts millions if all you have to do is subscribe to a chart supplier and obtain a few historical pricing data. This is the textbook definition of pure idiocy and stupidity.

Coincidently, those are the same folks who claim the Fed is running its policy to make money and that higher inflation and non intervention by the fed must be good for people. It's unbelievable and outright shocking with what naive mindset many people put their life savings and income at risk.

I'm always here to learn. I think like most of us, I see the behavioural side of things (the price action) as a very short term predictor of sentiment.

If you would, given your explanation above, would you mind giving me a rundown of which broader market metrics drive the market?

I have my own set but I would like to compare to your view on what drives the market at the end of the day.

 

[Sekiyo]

Given your explanation above, would you mind giving me a rundown of which broader market metrics drive the market?

That’s something beyond her reach.
By her own words.

The highly experienced and educated elites at hedge funds must be stupid to invest millions in expensive infrastructure and services and pay traders and analysts millions if all you have to do is subscribe to a chart supplier and obtain a few historical pricing data.

 

[Money Trust]

It depends on the overall context of the market.
I've learned not to pay much attention to patterns unless price is at a key level.

 

[M.W.]

• Mispricings when the market wrongly interprets Powells speeches multiple times this year alone
• Fundamental changes in central bank policies
• Market impacting events such as covid, negative oil futures pricing
• Wars
• Trade spats

Is that enough for a start? The above are so market impacting that most large funds act and adjust over multiple days even weeks due to market impact. This is where the large returns are generated. But one must be patient and wait for such events. Forget your little charts and moving averages and other hocus pocus.

I'm always here to learn. I think like most of us, I see the behavioural side of things (the price action) as a very short term predictor of sentiment.

If you would, given your explanation above, would you mind giving me a rundown of which broader market metrics drive the market?

I have my own set but I would like to compare to your view on what drives the market at the end of the day.

 

[dominover]

• Mispricings when the market wrongly interprets Powells speeches multiple times this year alone
• Fundamental changes in central bank policies
• Market impacting events such as covid, negative oil futures pricing
• Wars
• Trade spats

Is that enough for a start? The above are so market impacting that most large funds act and adjust over multiple days even weeks due to market impact. This is where the large returns are generated. But one must be patient and wait for such events. Forget your little charts and moving averages and other hocus pocus.

"My little Charts".

 

[dominover]

What does a spike in volume at the end of every day mean? It seems to happen just before close on this stock.