The January close for the SPX ended up red, this is the bearish engulfing candlestick pattern.
We have a negative count starting on the TD Sequential indicator after a perfect nine.
We have above-average red volume on last months candle.
Last, we have a broken up-trendline.
These are all bearish signals.
Conditions for change
A close above last months high is needed to turn this thing around.
Namaste.
We have a negative count starting on the TD Sequential indicator after a perfect nine.
We have above-average red volume on last months candle.
Last, we have a broken up-trendline.
These are all bearish signals.
Conditions for change
A close above last months high is needed to turn this thing around.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.