Title
by Americanbulls.com LLC
Last Update
07/09/2020
^CEX
S&P CHEMICALS
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
599.6200
Change:
-4.8200
Percent change
-0.80%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 604.4400, and our valid average selling value stands now at 602.8500. The previous BUY signal was issued on 06/29/2020, 10 days ago, when the index value was 584.6400. Since then ^CEX has risen by +3.11%.
Market Outlook
The bears have evidence on their side and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. 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
Date 
Price 
Signal 
 
$100⇨ 
07/09/2020602.8500SHORT 149.07
06/29/2020584.6400BUY 145.15
06/11/2020611.7150SELL 145.44
05/20/2020561.0800BUY 133.67
05/12/2020538.0000SELL 133.94
05/07/2020532.0100BUY 132.71
05/01/2020537.9900SELL 132.98
04/29/2020548.8800BUY 135.94
04/21/2020491.8400SELL 136.21
04/06/2020446.7600BUY 123.97
04/01/2020446.8400SHORT 124.45
03/25/2020449.0900BUY 125.58
02/18/2020639.9000SHORT 97.12
02/11/2020634.8650BUY 96.74
02/07/2020636.5800SELL 96.93
02/04/2020621.1200BUY 94.77
01/27/2020621.8200SHORT 95.04
01/15/2020638.6100BUY 98.00
01/10/2020629.7600SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
07/09/2020602.8500SHORT 142.66
06/29/2020584.6400BUY 138.91
06/11/2020611.7150SELL 139.19
05/20/2020561.0800BUY 127.92
05/12/2020538.0000SELL 128.18
05/07/2020532.0100BUY 127.01
05/01/2020537.9900SELL 127.26
04/29/2020548.8800BUY 130.10
04/21/2020491.8400SELL 130.36
04/06/2020446.7600BUY 118.65
04/01/2020446.8400SHORT 119.10
03/25/2020449.0900BUY 120.18
02/18/2020639.9000SHORT 92.95
02/11/2020634.8650BUY 92.59
02/07/2020636.5800SELL 92.78
02/04/2020621.1200BUY 90.71
01/27/2020621.8200SHORT 90.97
01/15/2020638.6100BUY 93.80
01/10/2020629.7600SHORT 95.52
01/08/2020630.3500BUY 95.99
12/30/2019646.7900SELL 96.18
12/16/2019640.5700BUY 95.45
12/10/2019629.6400SHORT 97.53
12/06/2019632.5500BUY 98.37
12/03/2019624.2600SHORT 100.09
11/25/2019637.6000BUY 102.64
11/13/2019646.2400SELL 102.85
11/04/2019632.9100BUY 100.93
10/31/2019619.0200SELL 101.13
10/28/2019618.7900BUY 101.30
10/22/2019603.0800SHORT 104.43
10/10/2019595.5600BUY 103.54
10/01/2019611.6500SELL 103.75
09/18/2019620.2900BUY 105.43
09/16/2019621.2800SELL 105.64
08/29/2019592.5900BUY 100.96
08/22/2019594.3500SHORT 101.07
08/16/2019597.3100BUY 101.98
08/12/2019610.2200SHORT 100.27
08/07/2019597.6000BUY 98.59
07/31/2019625.1300SELL 98.79
07/24/2019633.8000BUY 100.36
07/17/2019623.4400SELL 100.56
07/12/2019617.4900BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
07/09/2020602.8500SHORT 174.97
06/29/2020584.6400BUY 170.37
06/11/2020611.7150SELL 170.71
05/20/2020561.0800BUY 156.89
05/12/2020538.0000SELL 157.20
05/07/2020532.0100BUY 155.76
05/01/2020537.9900SELL 156.07
04/29/2020548.8800BUY 159.55
04/21/2020491.8400SELL 159.87
04/06/2020446.7600BUY 145.51
04/01/2020446.8400SHORT 146.07
03/25/2020449.0900BUY 147.39
02/18/2020639.9000SHORT 113.99
02/11/2020634.8650BUY 113.55
02/07/2020636.5800SELL 113.78
02/04/2020621.1200BUY 111.24
01/27/2020621.8200SHORT 111.56
01/15/2020638.6100BUY 115.03
01/10/2020629.7600SHORT 117.14
01/08/2020630.3500BUY 117.72
12/30/2019646.7900SELL 117.96
12/16/2019640.5700BUY 117.06
12/10/2019629.6400SHORT 119.61
12/06/2019632.5500BUY 120.64
12/03/2019624.2600SHORT 122.75
11/25/2019637.6000BUY 125.88
11/13/2019646.2400SELL 126.13
11/04/2019632.9100BUY 123.78
10/31/2019619.0200SELL 124.03
10/28/2019618.7900BUY 124.23
10/22/2019603.0800SHORT 128.06
10/10/2019595.5600BUY 126.97
10/01/2019611.6500SELL 127.22
09/18/2019620.2900BUY 129.28
09/16/2019621.2800SELL 129.54
08/29/2019592.5900BUY 123.81
08/22/2019594.3500SHORT 123.94
08/16/2019597.3100BUY 125.06
08/12/2019610.2200SHORT 122.96
08/07/2019597.6000BUY 120.90
07/31/2019625.1300SELL 121.14
07/24/2019633.8000BUY 123.07
07/17/2019623.4400SELL 123.32
07/12/2019617.4900BUY 122.39
07/08/2019621.6700SELL 122.64
05/30/2019569.2700BUY 112.53
05/20/2019575.3400SHORT 111.80
05/16/2019581.2400BUY 113.40
05/02/2019603.4100SELL 113.63
04/30/2019613.6900BUY 115.80
04/25/2019611.9100SHORT 116.60
04/16/2019619.2500BUY 118.47
04/09/2019610.8700SELL 118.71
03/28/2019578.3000BUY 112.61
03/19/2019589.4500SHORT 110.96
03/11/2019582.7150BUY 110.13
02/27/2019592.3400SELL 110.35
02/15/2019574.6900BUY 107.28
02/07/2019567.7300SELL 107.50
01/28/2019569.1800BUY 107.99
01/24/2019557.4200SELL 108.21
01/07/2019552.8300BUY 107.53
01/03/2019533.5500SELL 107.75
12/27/2018542.2750BUY 109.73
12/04/2018587.2250SELL 109.95
11/26/2018576.6800BUY 108.19
11/20/2018575.5600SELL 108.41
11/16/2018586.0000BUY 110.60
11/09/2018596.2950SELL 110.82
10/30/2018556.0150BUY 103.54
10/18/2018585.4450SHORT 98.98
10/16/2018584.7200BUY 99.25
10/04/2018627.7400SHORT 93.26
10/02/2018634.6900BUY 94.67
09/26/2018638.1600SHORT 94.54
09/19/2018646.1200BUY 96.10
09/14/2018639.9400SHORT 97.43
09/06/2018642.7700BUY 98.25
09/04/2018639.7300SELL 98.45
08/27/2018639.8700BUY 98.67
08/22/2018633.0100SELL 98.87
08/17/2018628.5400BUY 98.37
08/08/2018631.2600SELL 98.57
08/06/2018630.7600BUY 98.69
07/30/2018627.3700SELL 98.89
07/25/2018618.4800BUY 97.68
07/23/2018608.6100SELL 97.88
07/17/2018619.3200BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.