Title
by Americanbulls.com LLC
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Last Update
21/10/2020
MARKET STATUS REPORT, 21/10/2020
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 bulls are slightly stronger but the flow of money is rather balanced. 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=4101>BULLISH THREE GAP DOWNS</a>...LABU.MX DIREXION DALY S&P BIOTCH BULL 3X ETF Close : 1215.0000 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 LABU.MX declined after the SELL signal which was issued on 19/10/2020. Since then, the stock price edged down by a hefty 12.62%. The bearish sentiment may be over now. Our system detected a BULLISH THREE GAP DOWNS pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH THREE GAP DOWNS pattern, if confirmed, indicates an upside potential of 0.00%. The massive pullback 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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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
20/10/2020
RCL.MX  
BUY1279.3900STAY LONG
2202
1280.0000+0.05

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