Title
by Americanbulls.com LLC
  • English
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Last Update
13-11-2018
MARKET STATUS REPORT, 13-11-2018
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls 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 bears are stronger and more money is flowing out of the market. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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VIXL.MI (BORSA)
Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2202>BEARISH HARAMI</a>...VIXL.MI BOOST SP500 LEV ETN Close : 0.0573 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 the bullish rally of VIXL.MI after the BUY signal which was issued on 09-11-2018. The stock price edged up with a decent gain of 18.88%. The bullish mood, however, may be over. Our system detected a BEARISH HARAMI pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The BEARISH HARAMI pattern, if confirmed, indicates a downside potential of 23.88%. The bullish reaction rally 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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