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Moshkelgosha

Old School Bearish Engulfing!

Short
S&P 500 Index (TVC:SPX)  
Moshkelgosha Updated   
TVC:SPX   S&P 500 Index
Trend Analysis Double Top or Bottom Bearish Patterns Engulfing Candle
12
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trendanalysis doubletoporbottom bearish engulfingcandle
Education: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle.
Do not ignore the BEAR in the market!
Comment:
keep inverse ETFs on your watch list!
Comment:
The first support level has been touched and S&P 500 closed below May 4th which make it more scary!
Comment:
Lost the 1st Support level
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