---
title: The S&P 500 just formed a bullish hammer pattern on the monthly chart 🚀
description: "▶️ What is a bullish hammer? \"The hammer candlestick is a bullish trading pattern that suggests a stock/index has found its bottom and is poised for a trend reversal. It means that sellers entered the market and drove the price down but were eventually outnumbered by purchasers, who drove the asset price up\".\n\nSource: Barchart"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [The S&P 500 just formed a bullish hammer pattern on the monthly chart 🚀](https://blog.syzgroup.com/syz-the-moment/the-import-charges-for-many-items-on-temu-chinese-discount-retailer-are-higher-than-the-cost-of-the-products-themselves-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | May 1, 2025, 3:21:46 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/the-import-charges-for-many-items-on-temu-chinese-discount-retailer-are-higher-than-the-cost-of-the-products-themselves-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0)

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