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!
Do not ignore the BEAR in the market!
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keep inverse ETFs on your watch list!
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The first support level has been touched and S&P 500 closed below May 4th which make it more scary!
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Lost the 1st Support level