Title
by Americanbulls.com LLC
Last Update
12/08/2022
NMX501010
FTSE 350 CONSTRUCTION & MATERIALS INDEX
Last Signal: BUY
Last Pattern: BULLISH STOP LOSS
Last Close:
6,960.0300
Change:
+51.3800
Percent change
+0.74%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the values crossed above the Stop Loss level which was at 6,935.7400, and our valid average buying value stands now at 6,960.0300. The previous SELL signal was issued on 09/08/2022, 3 days ago, when the index value was 6,827.6400. Since then NMX501010 has risen by +1.94%.
Market Outlook
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
12/08/20226,960.0300BUY 93.96
09/08/20226,827.6400SELL 94.53
04/08/20226,798.3500BUY 94.69
02/08/20226,732.0850SELL 95.26
28/07/20226,564.2700BUY 93.45
26/07/20226,395.8900SELL 94.01
18/07/20226,326.7100BUY 93.55
13/07/20226,221.8250SHORT 96.31
07/07/20226,111.3000BUY 95.74
05/07/20226,110.6450SHORT 96.91
01/07/20226,154.1000BUY 98.78
08/06/20227,045.4700SELL 99.38
06/06/20227,128.8500BUY 101.16
31/05/20227,065.6600SELL 101.77
23/05/20226,786.3200BUY 98.34
19/05/20226,775.7900SELL 98.93
13/05/20226,764.0700BUY 99.36
09/05/20226,765.3600SELL 99.96
29/04/20226,980.7900BUY 103.77
25/04/20227,015.0100SELL 104.40
20/04/20226,771.4300BUY 101.38
31/03/20226,921.4100SHORT 100.43
29/03/20227,056.7600BUY 103.63
22/03/20227,373.1300SHORT 100.57
14/03/20226,929.7100BUY 95.67
03/03/20227,094.4500SHORT 94.63
28/02/20227,363.0700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
12/08/20226,960.0300BUY 102.18
09/08/20226,827.6400SELL 102.80
04/08/20226,798.3500BUY 102.98
02/08/20226,732.0850SELL 103.60
28/07/20226,564.2700BUY 101.63
26/07/20226,395.8900SELL 102.24
18/07/20226,326.7100BUY 101.74
13/07/20226,221.8250SHORT 104.74
07/07/20226,111.3000BUY 104.13
05/07/20226,110.6450SHORT 105.40
01/07/20226,154.1000BUY 107.43
08/06/20227,045.4700SELL 108.08
06/06/20227,128.8500BUY 110.02
31/05/20227,065.6600SELL 110.68
23/05/20226,786.3200BUY 106.95
19/05/20226,775.7900SELL 107.60
13/05/20226,764.0700BUY 108.06
09/05/20226,765.3600SELL 108.71
29/04/20226,980.7900BUY 112.85
25/04/20227,015.0100SELL 113.53
20/04/20226,771.4300BUY 110.25
31/03/20226,921.4100SHORT 109.22
29/03/20227,056.7600BUY 112.70
22/03/20227,373.1300SHORT 109.37
14/03/20226,929.7100BUY 104.04
03/03/20227,094.4500SHORT 102.91
28/02/20227,363.0700BUY 108.10
04/02/20228,186.6700SELL 108.75
27/01/20227,906.8400BUY 105.67
18/01/20228,345.9900SHORT 101.60
12/01/20228,432.8750BUY 103.90
31/12/20218,435.2300SELL 104.53
22/12/20218,256.0800BUY 102.93
20/12/20218,155.2400SHORT 105.48
15/12/20218,186.6900BUY 107.17
09/12/20218,270.9500SELL 107.82
06/12/20218,045.0850BUY 105.51
26/11/20218,210.9950SHORT 104.67
24/11/20218,231.3600BUY 106.20
17/11/20218,133.6600SELL 106.84
25/10/20217,705.0100BUY 101.82
21/10/20217,617.3100SELL 102.43
14/10/20217,581.7450BUY 102.57
27/09/20218,114.8700SHORT 97.41
22/09/20218,133.7250BUY 98.82
15/09/20218,299.3300SHORT 98.06
13/09/20218,362.4400BUY 100.00
07/09/20218,510.3300SELL 100.60
24/08/20218,358.3200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
12/08/20226,960.0300BUY 126.16
09/08/20226,827.6400SELL 126.92
04/08/20226,798.3500BUY 127.14
02/08/20226,732.0850SELL 127.91
28/07/20226,564.2700BUY 125.47
26/07/20226,395.8900SELL 126.23
18/07/20226,326.7100BUY 125.62
13/07/20226,221.8250SHORT 129.32
07/07/20226,111.3000BUY 128.56
05/07/20226,110.6450SHORT 130.13
01/07/20226,154.1000BUY 132.64
08/06/20227,045.4700SELL 133.44
06/06/20227,128.8500BUY 135.83
31/05/20227,065.6600SELL 136.65
23/05/20226,786.3200BUY 132.04
19/05/20226,775.7900SELL 132.84
13/05/20226,764.0700BUY 133.41
09/05/20226,765.3600SELL 134.22
29/04/20226,980.7900BUY 139.33
25/04/20227,015.0100SELL 140.17
20/04/20226,771.4300BUY 136.12
31/03/20226,921.4100SHORT 134.85
29/03/20227,056.7600BUY 139.15
22/03/20227,373.1300SHORT 135.04
14/03/20226,929.7100BUY 128.46
03/03/20227,094.4500SHORT 127.06
28/02/20227,363.0700BUY 133.47
04/02/20228,186.6700SELL 134.28
27/01/20227,906.8400BUY 130.47
18/01/20228,345.9900SHORT 125.45
12/01/20228,432.8750BUY 128.29
31/12/20218,435.2300SELL 129.06
22/12/20218,256.0800BUY 127.08
20/12/20218,155.2400SHORT 130.23
15/12/20218,186.6900BUY 132.32
09/12/20218,270.9500SELL 133.12
06/12/20218,045.0850BUY 130.27
26/11/20218,210.9950SHORT 129.24
24/11/20218,231.3600BUY 131.13
17/11/20218,133.6600SELL 131.92
25/10/20217,705.0100BUY 125.72
21/10/20217,617.3100SELL 126.48
14/10/20217,581.7450BUY 126.65
27/09/20218,114.8700SHORT 120.28
22/09/20218,133.7250BUY 122.02
15/09/20218,299.3300SHORT 121.08
13/09/20218,362.4400BUY 123.48
07/09/20218,510.3300SELL 124.23
24/08/20218,358.3200BUY 122.75
16/08/20218,407.7100SELL 123.49
21/07/20217,790.4250BUY 115.11
30/06/20218,037.4600SHORT 113.03
22/06/20218,040.8800BUY 114.45
09/06/20218,187.1700SELL 115.14
17/05/20217,988.8100BUY 113.03
13/05/20217,851.3700SELL 113.71
06/05/20218,008.6200BUY 116.69
30/04/20217,701.0900SHORT 123.02
22/04/20217,683.2400BUY 124.22
13/04/20217,760.8000SELL 124.97
08/04/20217,725.2800BUY 125.15
01/04/20217,461.9200SHORT 131.30
24/03/20217,207.0800BUY 128.35
15/03/20217,595.4300SELL 129.12
02/03/20217,119.6800BUY 121.76
26/02/20217,060.7200SELL 122.49
22/02/20216,961.0600BUY 121.49
17/02/20217,129.8400SELL 122.22
09/02/20216,983.4150BUY 120.43
05/02/20216,965.1000SHORT 122.21
02/02/20216,861.3300BUY 121.85
22/01/20217,161.5800SHORT 118.36
20/01/20217,249.3300BUY 121.26
11/01/20217,555.0200SELL 121.99
07/01/20217,510.0600BUY 122.00
31/12/20206,995.2200SELL 122.74
15/12/20206,672.1100BUY 117.78
09/12/20206,797.7800SHORT 117.04
02/12/20206,722.4000BUY 117.14
27/11/20206,794.7300SELL 117.85
24/11/20206,735.3200BUY 117.52
19/11/20206,719.5600SELL 118.23
30/10/20205,967.6650BUY 105.63
13/10/20206,600.5100SELL 106.27
06/10/20206,311.3400BUY 102.23
30/09/20206,170.2400SELL 102.85
28/09/20206,155.8500BUY 103.23
18/09/20206,461.7750SELL 103.85
07/09/20206,102.9100BUY 98.67
27/08/20206,362.6100SHORT 95.95
24/08/20206,512.5100BUY 99.40
† Trade commissions are taken as 0.60%.

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