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by Americanbulls.com LLC
  • English
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Last Update
26/01/2023
MARKET STATUS REPORT, 26/01/2023
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 money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2104>BULLISH INVERTED HAMMER</a>...SOXS.MX Direxion Daily Semiconductor Bear 3X Shares Close : 437.2000 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 SOXS.MX took a negative turn after the SHORT signal which was issued on 23/01/2023. Since then, the stock price fell down by 15.90%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH INVERTED HAMMER pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH INVERTED HAMMER pattern, if confirmed, indicates an upside potential of -8.19%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
18/01/2023
RIOT.MX  
SELL108.9300STAY IN CASH
0
118.7000+8.97

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