Title
by Americanbulls.com LLC
Last Update
01/24/2020
^DJSTEL
Dow JonesUSSelTelecom
Last Signal: SELL
Last Pattern: BEARISH SHOOTING STAR
Last Close:
1,811.3500
Change:
-1.5200
Percent change
-0.08%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH SHOOTING STAR pattern finally received a confirmation because the values crossed below the confirmation level which was at 1,812.0700, and our valid average selling value stands now at 1,811.3500. The previous BUY signal was issued on 01/16/2020, 8 days ago, when the index value was 1,783.6200. Since then ^DJSTEL has risen by +1.55%.
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 consists of a white body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bullish Inverted Hammer pattern but unlike it, the Shooting Star appears in an uptrend and signals a bearish reversal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
01/24/20201,811.3500SELL 102.63
01/16/20201,783.6200BUY 101.26
12/30/20191,780.8800SELL 101.46
11/22/20191,753.5600BUY 100.10
11/12/20191,770.6600SELL 100.30
11/07/20191,770.5400BUY 100.49
11/04/20191,754.1000SELL 100.69
10/28/20191,759.9200BUY 101.23
10/24/20191,751.3200SELL 101.43
10/11/20191,719.8300BUY 99.81
10/09/20191,696.2200SHORT 101.63
10/04/20191,694.9400BUY 101.96
09/13/20191,771.8000SELL 102.16
08/28/20191,672.9500BUY 96.65
08/23/20191,668.4400SHORT 97.30
08/19/20191,688.5100BUY 98.87
08/12/20191,702.4400SHORT 98.46
08/08/20191,723.8500BUY 100.10
07/30/20191,809.4600SELL 100.30
07/24/20191,796.7700BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
01/24/20201,811.3500SELL 112.79
01/16/20201,783.6200BUY 111.29
12/30/20191,780.8800SELL 111.51
11/22/20191,753.5600BUY 110.02
11/12/20191,770.6600SELL 110.24
11/07/20191,770.5400BUY 110.45
11/04/20191,754.1000SELL 110.67
10/28/20191,759.9200BUY 111.26
10/24/20191,751.3200SELL 111.48
10/11/20191,719.8300BUY 109.69
10/09/20191,696.2200SHORT 111.68
10/04/20191,694.9400BUY 112.04
09/13/20191,771.8000SELL 112.26
08/28/20191,672.9500BUY 106.21
08/23/20191,668.4400SHORT 106.93
08/19/20191,688.5100BUY 108.65
08/12/20191,702.4400SHORT 108.20
08/08/20191,723.8500BUY 110.00
07/30/20191,809.4600SELL 110.22
07/24/20191,796.7700BUY 109.67
07/16/20191,816.6600SELL 109.89
06/13/20191,761.1500BUY 106.75
06/10/20191,753.6600SELL 106.96
06/04/20191,695.1400BUY 103.60
05/23/20191,733.4600SHORT 101.77
05/15/20191,713.4400BUY 101.00
04/25/20191,808.0600SELL 101.20
04/01/20191,791.6700BUY 100.48
03/28/20191,768.5950SELL 100.68
03/21/20191,767.4700BUY 100.82
03/04/20191,745.2200SELL 101.02
02/11/20191,671.3300BUY 96.94
02/07/20191,639.9800SELL 97.13
02/06/20191,656.1500BUY 98.28
01/29/20191,639.8000SELL 98.48
01/24/20191,658.3800BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
01/24/20201,811.3500SELL 120.89
01/16/20201,783.6200BUY 119.28
12/30/20191,780.8800SELL 119.52
11/22/20191,753.5600BUY 117.92
11/12/20191,770.6600SELL 118.16
11/07/20191,770.5400BUY 118.39
11/04/20191,754.1000SELL 118.63
10/28/20191,759.9200BUY 119.26
10/24/20191,751.3200SELL 119.50
10/11/20191,719.8300BUY 117.59
10/09/20191,696.2200SHORT 119.73
10/04/20191,694.9400BUY 120.12
09/13/20191,771.8000SELL 120.36
08/28/20191,672.9500BUY 113.87
08/23/20191,668.4400SHORT 114.64
08/19/20191,688.5100BUY 116.48
08/12/20191,702.4400SHORT 116.00
08/08/20191,723.8500BUY 117.93
07/30/20191,809.4600SELL 118.17
07/24/20191,796.7700BUY 117.58
07/16/20191,816.6600SELL 117.82
06/13/20191,761.1500BUY 114.45
06/10/20191,753.6600SELL 114.68
06/04/20191,695.1400BUY 111.08
05/23/20191,733.4600SHORT 109.11
05/15/20191,713.4400BUY 108.28
04/25/20191,808.0600SELL 108.50
04/01/20191,791.6700BUY 107.73
03/28/20191,768.5950SELL 107.95
03/21/20191,767.4700BUY 108.10
03/04/20191,745.2200SELL 108.32
02/11/20191,671.3300BUY 103.94
02/07/20191,639.9800SELL 104.15
02/06/20191,656.1500BUY 105.39
01/29/20191,639.8000SELL 105.60
01/24/20191,658.3800BUY 107.01
01/22/20191,643.9800SELL 107.22
01/11/20191,650.3000BUY 107.85
01/09/20191,641.5250SELL 108.07
01/07/20191,615.6700BUY 106.58
12/04/20181,704.0300SELL 106.79
11/26/20181,668.9100BUY 104.80
11/20/20181,664.6100SHORT 105.49
11/16/20181,699.8500BUY 108.16
11/09/20181,730.8900SELL 108.38
10/31/20181,679.9600BUY 105.40
10/24/20181,692.5000SHORT 105.04
10/16/20181,685.9900BUY 105.06
09/25/20181,786.0600SELL 105.27
08/24/20181,764.4900BUY 104.21
08/22/20181,752.8200SELL 104.42
08/03/20181,668.7400BUY 99.61
07/30/20181,648.3300SHORT 101.26
07/26/20181,657.2700BUY 102.22
07/11/20181,683.3500SELL 102.42
06/28/20181,643.7450BUY 100.21
06/21/20181,647.6000SELL 100.41
06/04/20181,633.5300BUY 99.75
05/18/20181,619.0400SHORT 101.05
05/11/20181,643.5700BUY 102.99
04/19/20181,668.5600SELL 103.20
04/04/20181,610.7450BUY 99.82
03/20/20181,673.9700SELL 100.02
03/02/20181,674.2100BUY 100.23
02/28/20181,669.5800SHORT 100.91
02/13/20181,644.6200BUY 99.80
† Trade commissions are taken as 0.20%.

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