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by Americanbulls.com LLC
  • English
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Last Update
22/06/2018
MARKET STATUS REPORT, 22/06/2018
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 stronger and more money is flowing into the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3110>BULLISH TWO RABBITS</a>...UTSY EDINYE TEKH SYS Close : 0.0750 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 UTSY declined after the SELL signal which was issued on 14/06/2018. Since then, the stock price edged down by a hefty 25.00%. The bearish sentiment may be over now. Our system detected a BULLISH TWO RABBITS 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 TWO RABBITS 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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