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by Americanbulls.com LLC
  • English
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Last Update
22/10/2021
MARKET STATUS REPORT, 22/10/2021
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 can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4101>BULLISH THREE GAP DOWNS</a>...RTSBP ТНСэнРст-п Close : 0.7300 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 RTSBP declined after the SELL signal which was issued on 13/10/2021. Since then, the stock price edged down by a hefty 17.33%. The bearish sentiment may be over now. Our system detected a BULLISH THREE GAP DOWNS 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 THREE GAP DOWNS 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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