by Americanbulls.com LLC
Last Update
Last Signal: SELL
Last Close:
Percent change
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 1,377.5000, and our valid average selling value stands now at 1,375.9100. The previous BUY signal was issued on 21/11/2022, 11 days ago, when the index value was 1,365.3300. Since then FTSEM has risen by +0.77%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...

Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
02/12/20221,375.9100SELL 85.68
21/11/20221,365.3300BUY 85.45
16/11/20221,375.2100SELL 85.88
24/10/20221,329.0700BUY 83.42
23/09/20221,308.7200SHORT 85.59
09/09/20221,332.0100BUY 87.99
30/08/20221,358.0500SHORT 87.20
25/08/20221,392.5000BUY 90.31
22/08/20221,388.0800SELL 90.76
16/08/20221,397.2600BUY 91.82
05/08/20221,377.9100SELL 92.28
13/07/20221,307.0000BUY 87.97
11/07/20221,297.6900SELL 88.41
07/07/20221,291.4400BUY 88.43
06/07/20221,258.4800SHORT 91.72
04/07/20221,288.2500BUY 94.84
28/06/20221,301.1600SHORT 94.85
23/06/20221,324.1100BUY 97.50
08/06/20221,400.9600SELL 97.99
06/06/20221,415.4900BUY 99.50
† Trade commissions are taken as 0.50%.
02/12/20221,375.9100SELL 75.74
21/11/20221,365.3300BUY 75.54
16/11/20221,375.2100SELL 75.92
24/10/20221,329.0700BUY 73.74
23/09/20221,308.7200SHORT 75.66
09/09/20221,332.0100BUY 77.78
30/08/20221,358.0500SHORT 77.09
25/08/20221,392.5000BUY 79.84
22/08/20221,388.0800SELL 80.24
16/08/20221,397.2600BUY 81.18
05/08/20221,377.9100SELL 81.59
13/07/20221,307.0000BUY 77.78
11/07/20221,297.6900SELL 78.17
07/07/20221,291.4400BUY 78.18
06/07/20221,258.4800SHORT 81.09
04/07/20221,288.2500BUY 83.84
28/06/20221,301.1600SHORT 83.85
23/06/20221,324.1100BUY 86.19
08/06/20221,400.9600SELL 86.62
06/06/20221,415.4900BUY 87.96
30/05/20221,419.1450SELL 88.40
26/05/20221,415.9900BUY 88.65
23/05/20221,399.4600SHORT 90.61
11/05/20221,399.3300BUY 91.51
26/04/20221,550.2900SELL 91.97
29/03/20221,485.3900BUY 88.56
18/03/20221,482.9900SHORT 89.60
11/03/20221,458.1300BUY 88.99
08/03/20221,433.2900SHORT 91.47
03/03/20221,497.3300BUY 96.52
22/02/20221,573.4900SELL 97.00
11/02/20221,573.1200BUY 97.46
08/02/20221,561.3500SHORT 99.19
01/02/20221,567.7900BUY 100.60
21/01/20221,558.9200SELL 101.11
23/12/20211,496.6300BUY 97.56
14/12/20211,482.4000SHORT 99.50
† Trade commissions are taken as 0.50%.
02/12/20221,375.9100SELL 92.60
21/11/20221,365.3300BUY 92.35
16/11/20221,375.2100SELL 92.81
24/10/20221,329.0700BUY 90.15
23/09/20221,308.7200SHORT 92.50
09/09/20221,332.0100BUY 95.09
30/08/20221,358.0500SHORT 94.24
25/08/20221,392.5000BUY 97.60
22/08/20221,388.0800SELL 98.09
16/08/20221,397.2600BUY 99.23
05/08/20221,377.9100SELL 99.73
13/07/20221,307.0000BUY 95.07
11/07/20221,297.6900SELL 95.55
07/07/20221,291.4400BUY 95.57
06/07/20221,258.4800SHORT 99.13
04/07/20221,288.2500BUY 102.50
28/06/20221,301.1600SHORT 102.52
23/06/20221,324.1100BUY 105.38
08/06/20221,400.9600SELL 105.91
06/06/20221,415.4900BUY 107.55
30/05/20221,419.1450SELL 108.09
26/05/20221,415.9900BUY 108.39
23/05/20221,399.4600SHORT 110.79
11/05/20221,399.3300BUY 111.90
26/04/20221,550.2900SELL 112.46
29/03/20221,485.3900BUY 108.29
18/03/20221,482.9900SHORT 109.56
11/03/20221,458.1300BUY 108.81
08/03/20221,433.2900SHORT 111.84
03/03/20221,497.3300BUY 118.01
22/02/20221,573.4900SELL 118.60
11/02/20221,573.1200BUY 119.17
08/02/20221,561.3500SHORT 121.29
01/02/20221,567.7900BUY 123.02
21/01/20221,558.9200SELL 123.64
23/12/20211,496.6300BUY 119.30
14/12/20211,482.4000SHORT 121.67
01/12/20211,499.5300BUY 124.32
24/11/20211,566.1300SELL 124.94
09/11/20211,494.6000BUY 119.83
03/11/20211,459.4000SELL 120.43
15/10/20211,425.7000BUY 118.24
11/10/20211,434.1100SHORT 118.74
04/10/20211,406.5700BUY 117.63
23/09/20211,478.9700SHORT 113.27
17/09/20211,500.2100BUY 116.05
10/09/20211,498.9400SELL 116.63
23/08/20211,481.0800BUY 115.82
19/08/20211,456.2500SELL 116.40
10/08/20211,443.3500BUY 115.95
29/07/20211,435.2800SELL 116.53
14/07/20211,393.5900BUY 113.71
29/06/20211,422.9200SHORT 112.54
23/06/20211,432.3300BUY 114.43
09/06/20211,421.6400SELL 115.01
24/05/20211,367.9100BUY 111.22
19/05/20211,366.9150SELL 111.78
11/05/20211,335.0500BUY 109.72
06/05/20211,337.2400SELL 110.27
26/04/20211,333.1100BUY 110.48
16/04/20211,280.6400SELL 111.04
28/12/20201,077.8900BUY 93.93
21/12/20201,058.3050SHORT 96.67
18/12/20201,079.8500BUY 99.63
10/12/20201,058.3650SELL 100.13
04/12/20201,046.4200BUY 99.50
† Trade commissions are taken as 0.50%.


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