Another Bear Teaser With Bearish Engulfing Tops – The Market Breadth

Another Bear Teaser With Bearish Engulfing Tops – The Market Breadth (Credit: Dr-Chomp, https://www.flickr.com/photos/14797480@N08/27444404625)

Stock Market Commentary Bearish engulfing patterns flag potential tops at the end of uptrends. They represent the potential exhaustion of buying power as price first opens above the previous day’s high and then closes below the previous day’s close. Thus, the latest round of bearish engulfing patterns in major indices and major stocks should be … Read more