SPY/SPX close Green, Range looks different now

As I mentioned earlier, we would see bounces and declines in putting in a range and only after it is put in does it really become visible, but I said we'd look at the SPY which was down about .50% at the close to see if the range looked different.

 SPX daily closing chart with a Hammer reversal candle today with its body inside Friday's body also creating a Harami (2-candle) reversal pattern.

SPY rallies in to the close, what looked like s lowing decline now is starting to take on the shape of a range.

The end of day 3C action developed very quickly and quite bullishly.