Case study

SPY's daily candles in December 2008, with the harami of Christmas Eve boxed and the five trading days after it shaded, finishing 7.27% higher.

Candlestick patterns

Christmas 2008, when SPY printed a setup three days running

In the worst stretch of 2008, SPY printed a gap-up harami on Christmas Eve, a quiet hammer on Boxing Day and another quiet hammer the Monday after. Each one finished the next five trading days more than 6% higher.

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