“Bullish Engulfing” Hints at Potential Trend Reversal
The Dow Jones Industrial Average formed a “Bullish Engulfing” candlestick pattern as shown on the chart below, which is viewed as a trend-reversing signal
Prices have entered a period of consolidation following a “Bearish Butterfly” chart pattern
An immediate support level of 33,830 appears to be holding well, paving the way for a technical rebound
The RSI indicator rebounded from the oversold threshold, suggesting that near-term selling pressure may be depleting
Prices have entered a period of consolidation following a “Bearish Butterfly” chart pattern
An immediate support level of 33,830 appears to be holding well, paving the way for a technical rebound
The RSI indicator rebounded from the oversold threshold, suggesting that near-term selling pressure may be depleting
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.