by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING* pattern finally received a confirmation because the values crossed below the confirmation level which was at 5,581.8300, and our valid average selling value stands now at 5,581.4400. The previous BUY signal was issued on 28/05/2020, 1 day ago, when the index value was 5,771.1700. Since then ^NMX8570 has fallen by -3.29%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...

Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
*This is not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation.
Signal History
29/05/20205,581.4400SELL 164.91
28/05/20205,771.1700BUY 171.55
22/05/20205,562.2000SELL 172.59
18/05/20205,459.9050BUY 170.44
14/05/20205,534.2000SELL 171.47
05/05/20205,483.0350BUY 170.91
01/05/20205,741.7000SELL 171.94
23/04/20205,405.5700BUY 162.85
21/04/20205,331.8500SELL 163.83
17/04/20205,221.8250BUY 161.42
15/04/20205,467.2300SELL 162.39
06/04/20205,301.7100BUY 158.42
30/03/20205,614.5200SELL 159.38
20/03/20204,525.5750BUY 129.24
06/03/20206,871.5900SHORT 97.51
03/03/20206,990.2150BUY 100.39
18/02/20208,206.7900SELL 101.00
12/02/20208,229.2100BUY 101.89
10/02/20208,119.0600SELL 102.51
04/02/20207,841.3200BUY 99.60
31/01/20207,840.1800SHORT 100.82
29/01/20207,885.4750BUY 102.63
27/01/20207,863.0600SHORT 104.17
20/01/20207,905.4200BUY 106.00
13/01/20208,103.3100SELL 106.64
08/01/20208,105.4100BUY 107.31
06/01/20208,079.0300SELL 107.96
06/12/20197,470.5150BUY 100.43
02/12/20197,643.0400SHORT 99.40
† Trade commissions are taken as 0.60%.
29/05/20205,581.4400SELL 229.03
28/05/20205,771.1700BUY 238.24
22/05/20205,562.2000SELL 239.68
18/05/20205,459.9050BUY 236.69
14/05/20205,534.2000SELL 238.12
05/05/20205,483.0350BUY 237.34
01/05/20205,741.7000SELL 238.77
23/04/20205,405.5700BUY 226.15
21/04/20205,331.8500SELL 227.52
17/04/20205,221.8250BUY 224.17
15/04/20205,467.2300SELL 225.52
06/04/20205,301.7100BUY 220.01
30/03/20205,614.5200SELL 221.34
20/03/20204,525.5750BUY 179.49
06/03/20206,871.5900SHORT 135.43
03/03/20206,990.2150BUY 139.44
18/02/20208,206.7900SELL 140.28
12/02/20208,229.2100BUY 141.51
10/02/20208,119.0600SELL 142.36
04/02/20207,841.3200BUY 138.32
31/01/20207,840.1800SHORT 140.02
29/01/20207,885.4750BUY 142.53
27/01/20207,863.0600SHORT 144.67
20/01/20207,905.4200BUY 147.21
13/01/20208,103.3100SELL 148.10
08/01/20208,105.4100BUY 149.03
06/01/20208,079.0300SELL 149.93
06/12/20197,470.5150BUY 139.47
02/12/20197,643.0400SHORT 138.04
25/11/20197,439.5900BUY 135.99
08/11/20197,674.6650SELL 136.81
04/11/20197,582.1500BUY 135.98
25/10/20197,712.4050SELL 136.80
10/10/20196,786.6500BUY 121.11
01/10/20197,121.7950SELL 121.84
26/09/20196,967.4600BUY 119.92
17/09/20197,154.1100SELL 120.64
30/08/20196,482.7600BUY 109.98
31/07/20197,820.8700SHORT 95.05
29/07/20197,920.8500BUY 97.43
25/07/20197,938.3100SELL 98.02
23/07/20198,019.4500BUY 99.62
18/07/20198,041.0400SHORT 100.56
16/07/20198,120.5600BUY 102.78
09/07/20198,180.8300SELL 103.40
27/06/20197,894.3400BUY 100.38
25/06/20197,845.3800SELL 100.99
18/06/20197,698.6500BUY 99.70
12/06/20197,745.9950SELL 100.30
06/06/20197,630.5700BUY 99.40
† Trade commissions are taken as 0.60%.
29/05/20205,581.4400SELL 274.63
28/05/20205,771.1700BUY 285.68
22/05/20205,562.2000SELL 287.40
18/05/20205,459.9050BUY 283.82
14/05/20205,534.2000SELL 285.53
05/05/20205,483.0350BUY 284.60
01/05/20205,741.7000SELL 286.32
23/04/20205,405.5700BUY 271.19
21/04/20205,331.8500SELL 272.83
17/04/20205,221.8250BUY 268.81
15/04/20205,467.2300SELL 270.43
06/04/20205,301.7100BUY 263.83
30/03/20205,614.5200SELL 265.42
20/03/20204,525.5750BUY 215.23
06/03/20206,871.5900SHORT 162.39
03/03/20206,990.2150BUY 167.19
18/02/20208,206.7900SELL 168.20
12/02/20208,229.2100BUY 169.68
10/02/20208,119.0600SELL 170.70
04/02/20207,841.3200BUY 165.86
31/01/20207,840.1800SHORT 167.89
29/01/20207,885.4750BUY 170.90
27/01/20207,863.0600SHORT 173.46
20/01/20207,905.4200BUY 176.51
13/01/20208,103.3100SELL 177.58
08/01/20208,105.4100BUY 178.70
06/01/20208,079.0300SELL 179.78
06/12/20197,470.5150BUY 167.24
02/12/20197,643.0400SHORT 165.53
25/11/20197,439.5900BUY 163.07
08/11/20197,674.6650SELL 164.05
04/11/20197,582.1500BUY 163.05
25/10/20197,712.4050SELL 164.03
10/10/20196,786.6500BUY 145.21
01/10/20197,121.7950SELL 146.09
26/09/20196,967.4600BUY 143.79
17/09/20197,154.1100SELL 144.66
30/08/20196,482.7600BUY 131.88
31/07/20197,820.8700SHORT 113.98
29/07/20197,920.8500BUY 116.84
25/07/20197,938.3100SELL 117.55
23/07/20198,019.4500BUY 119.47
18/07/20198,041.0400SHORT 120.59
16/07/20198,120.5600BUY 123.26
09/07/20198,180.8300SELL 124.00
27/06/20197,894.3400BUY 120.38
25/06/20197,845.3800SELL 121.11
18/06/20197,698.6500BUY 119.56
12/06/20197,745.9950SELL 120.28
06/06/20197,630.5700BUY 119.20
20/05/20197,854.7800SHORT 117.30
15/05/20197,756.0300BUY 117.23
02/05/20198,136.5900SHORT 113.35
29/04/20198,195.1800BUY 115.55
24/04/20198,245.7800SELL 116.25
15/04/20197,995.3200BUY 113.40
09/04/20197,949.7400SELL 114.08
01/04/20197,543.4800BUY 108.90
20/03/20197,875.3700SELL 109.56
12/03/20197,550.7300BUY 105.68
06/03/20197,885.5300SELL 106.32
12/02/20197,409.6900BUY 100.51
08/02/20197,378.2000SHORT 102.16
30/01/20197,305.9600BUY 102.38
28/01/20197,244.8300SELL 103.00
28/12/20186,674.0500BUY 95.46
21/12/20186,664.5000SHORT 96.75
19/12/20186,724.6200BUY 98.80
14/12/20186,779.1150SHORT 99.20
12/12/20186,791.0350BUY 100.58
30/11/20187,328.3500SHORT 94.84
26/11/20187,290.2250BUY 95.49
12/11/20187,656.0350SELL 96.07
08/11/20187,611.2700BUY 96.08
06/11/20187,551.0100SELL 96.66
29/10/20187,276.7200BUY 93.71
08/10/20188,051.9000SHORT 86.52
04/10/20188,191.9100BUY 89.09
28/09/20188,342.0450SELL 89.63
19/09/20188,106.0700BUY 87.62
30/08/20188,276.1800SHORT 86.89
28/08/20188,312.4800BUY 88.33
23/08/20188,264.6450SHORT 89.92
21/08/20188,247.1300BUY 90.82
13/08/20188,458.2700SELL 91.37
07/08/20188,368.5900BUY 90.95
02/08/20188,405.8400SELL 91.50
30/07/20188,481.0100BUY 92.88
20/07/20188,498.0400SELL 93.44
17/07/20188,378.4400BUY 92.68
11/07/20188,425.9050SHORT 93.28
05/07/20188,418.1700BUY 94.32
18/06/20188,664.6000SHORT 92.82
12/06/20188,839.2700BUY 95.84
06/06/20188,808.8600SHORT 97.34
04/06/20188,887.2200BUY 99.40
† Trade commissions are taken as 0.60%.


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