Morning Star Reversal

The Morning Star pattern is a three-candle, bullish-reversal pattern that carries more weight when it forms at a significant Support/Resistance level.

 

Examples of Morning Star reversal patterns triggered across a number of stock indices at the start of 2019. These were noted in a post on January 6th 2019. Bullish follow-through did evolve on these, as well as some other indices, and charts of some appear below.

 

S&P500 weekly:

 

 

DJIA weekly:

 

NASDAQ weekly:

 

Russell-2000 weekly:

 

FEDX weekly: