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by Americanbulls.com LLC
  • English
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Last Update
17/05/2019
MARKET STATUS REPORT, 17/05/2019
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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BULLISH PATTERNS
 
INDU.BA (BUE)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2109>BULLISH MATCHING LOW</a>...INDU.BA INDUPA Close : 17.7000 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how INDU.BA declined after the SELL signal which was issued on 08/05/2019. Since then, the stock price edged down by a hefty 15.07%. The bearish sentiment may be over now. Our system detected a BULLISH MATCHING LOW pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH MATCHING LOW pattern, if confirmed, indicates an upside potential of 0.00%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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Last EOD Update Results 
Date 
Symbol 
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Avg. Price 
Signal 
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Last 
Change% 
13/05/2019
MIRG.BA  
SELL326.3700STAY IN CASH
2104
316.0000-3.18

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