SPX, M - Been here before?

24 Eyl 2021

Chart shows 2 months with similar candles to the current candle.
One instance leads a bull rally. The second leads to several moths "inside" and then breakout to the upside.

Criteria for similarity:

• 1) Red
  2) Low > 21 EMA (third line from top). Note: 200SMA out of scope.
  3) candle body contained in top half of candles full range (High - Low)