Title
by Americanbulls.com LLC
  • English
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Last Update
03/27/2023
^DJUSBK
DOW JONES US BANKS
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
393.6700
Change:
+12.0400
Percent change
+3.15%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH MEETING LINE pattern finally received a confirmation because the values crossed above the confirmation level which was at 381.6300, and our valid average buying value stands now at 393.6700. The previous SHORT signal was issued on 03/23/2023, 4 days ago, when the index value was 385.4000. Since then ^DJUSBK has risen by +2.15%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023393.6700BUY 103.92
03/23/2023385.4000SHORT 106.62
03/21/2023400.9200BUY 111.36
03/08/2023467.9200SHORT 97.80
03/03/2023488.3800BUY 102.49
03/02/2023481.7100SHORT 104.35
02/23/2023487.3800BUY 106.00
02/09/2023504.8200SELL 106.21
01/11/2023478.7700BUY 100.93
12/05/2022480.7300SHORT 100.92
11/23/2022493.2900BUY 103.97
11/14/2022494.7000SELL 104.18
11/07/2022480.9500BUY 101.49
11/02/2022471.2500SELL 101.69
10/21/2022453.0700BUY 97.96
10/06/2022440.3600SHORT 101.28
10/03/2022432.1900BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023393.6700BUY 97.26
03/23/2023385.4000SHORT 99.79
03/21/2023400.9200BUY 104.22
03/08/2023467.9200SHORT 91.53
03/03/2023488.3800BUY 95.92
03/02/2023481.7100SHORT 97.66
02/23/2023487.3800BUY 99.21
02/09/2023504.8200SELL 99.41
01/11/2023478.7700BUY 94.47
12/05/2022480.7300SHORT 94.46
11/23/2022493.2900BUY 97.32
11/14/2022494.7000SELL 97.52
11/07/2022480.9500BUY 95.00
11/02/2022471.2500SELL 95.19
10/21/2022453.0700BUY 91.70
10/06/2022440.3600SHORT 94.80
10/03/2022432.1900BUY 93.41
09/21/2022461.1600SHORT 88.24
09/19/2022469.7200BUY 90.24
09/13/2022470.8800SHORT 90.38
09/07/2022460.7400BUY 88.79
08/19/2022490.0700SELL 88.97
08/05/2022467.2600BUY 85.00
08/02/2022462.8000SELL 85.17
07/29/2022466.1200BUY 85.95
07/26/2022458.1200SELL 86.12
07/19/2022452.4100BUY 85.22
07/06/2022437.8500SHORT 88.51
06/22/2022443.6900BUY 90.05
06/03/2022495.3700SELL 90.23
05/23/2022479.1700BUY 87.45
05/06/2022487.5300SHORT 86.32
04/28/2022490.0600BUY 87.12
04/26/2022490.6100SHORT 87.37
04/19/2022517.9300BUY 92.61
04/14/2022501.1800SHORT 96.20
04/11/2022517.8800BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023393.6700BUY 100.59
03/23/2023385.4000SHORT 103.21
03/21/2023400.9200BUY 107.80
03/08/2023467.9200SHORT 94.68
03/03/2023488.3800BUY 99.22
03/02/2023481.7100SHORT 101.02
02/23/2023487.3800BUY 102.62
02/09/2023504.8200SELL 102.83
01/11/2023478.7700BUY 97.72
12/05/2022480.7300SHORT 97.71
11/23/2022493.2900BUY 100.67
11/14/2022494.7000SELL 100.87
11/07/2022480.9500BUY 98.26
11/02/2022471.2500SELL 98.46
10/21/2022453.0700BUY 94.85
10/06/2022440.3600SHORT 98.06
10/03/2022432.1900BUY 96.63
09/21/2022461.1600SHORT 91.28
09/19/2022469.7200BUY 93.35
09/13/2022470.8800SHORT 93.49
09/07/2022460.7400BUY 91.84
08/19/2022490.0700SELL 92.02
08/05/2022467.2600BUY 87.91
08/02/2022462.8000SELL 88.09
07/29/2022466.1200BUY 88.90
07/26/2022458.1200SELL 89.08
07/19/2022452.4100BUY 88.15
07/06/2022437.8500SHORT 91.55
06/22/2022443.6900BUY 93.14
06/03/2022495.3700SELL 93.33
05/23/2022479.1700BUY 90.46
05/06/2022487.5300SHORT 89.29
04/28/2022490.0600BUY 90.11
04/26/2022490.6100SHORT 90.37
04/19/2022517.9300BUY 95.79
04/14/2022501.1800SHORT 99.50
04/11/2022517.8800BUY 103.23
03/30/2022557.7800SELL 103.44
03/25/2022561.3150BUY 104.30
03/23/2022554.1500SELL 104.51
03/09/2022534.6700BUY 101.04
03/01/2022565.6000SHORT 96.19
02/25/2022573.0600BUY 97.85
02/10/2022619.2950SELL 98.05
02/07/2022609.3200BUY 96.66
01/18/2022623.4500SELL 96.85
12/22/2021571.8900BUY 89.02
12/20/2021559.3000SHORT 91.44
12/16/2021584.5700BUY 95.95
12/10/2021584.3800SHORT 96.37
12/07/2021589.0900BUY 97.54
11/26/2021596.5400SHORT 96.72
11/23/2021612.3000BUY 99.67
11/05/2021612.9100SELL 99.87
11/03/2021619.7200BUY 101.18
10/27/2021612.7850SELL 101.38
10/19/2021609.4500BUY 101.03
10/11/2021593.4600SELL 101.23
10/04/2021590.0600BUY 100.85
09/30/2021582.8100SELL 101.05
09/22/2021550.8600BUY 95.70
09/20/2021545.9600SHORT 96.95
09/13/2021559.2700BUY 99.71
08/30/2021569.7900SELL 99.91
08/20/2021551.8350BUY 96.96
08/13/2021578.3150SELL 97.15
07/28/2021538.6800BUY 90.67
07/23/2021532.6700SHORT 92.07
07/21/2021537.9200BUY 93.35
07/14/2021545.5700SHORT 92.43
07/12/2021556.4700BUY 94.65
07/08/2021531.0500SHORT 99.81
07/01/2021561.0900BUY 105.88
06/29/2021556.1300SHORT 107.26
06/23/2021545.1800BUY 105.57
06/07/2021592.1600SELL 105.78
05/27/2021589.0500BUY 105.44
05/20/2021577.2400SELL 105.65
04/23/2021542.4100BUY 99.47
04/20/2021542.7700SHORT 99.80
† Trade commissions are taken as 0.20%.

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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.

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