Interesting pattern on the 4hr. Alot of similarities between current correction and the correction in Sep/OCT 2021, More volatility this time but moves are very similar. Sept 17 Spy broke 200ma support and didn't reclaim until Oct 14. Total of 20 trading days of correction. Interesting that Oct 12 the 20ma crossed above the 50ma, giving a bullish signal 2 days before the correction was over. Jan 13 Spy broke 200ma support. Feb 3 20ma crossed above the 50ma. 20 trding days ends Feb 9.
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