mattpowell

Bearish Engulfing Pattern at ATHs

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
At the previous weeks close we saw an inverted hammer at the top of the trend, with this weeks close we can see a bearish engulfing pattern on the weekly chart. Along with this we may also have the January effect come in and create the sentiment for the rest of the year. I personally feel the market is going to crash very soon, however, you can only play the price action that is given to you
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.