Title
by Americanbulls.com LLC
Last Update
03/27/2023
^DJUSBKT
DOW JONES US BANKS TR
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
931.9300
Change:
+28.5000
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 903.4300, and our valid average buying value stands now at 907.0500. The previous SHORT signal was issued on 03/23/2023, 4 days ago, when the index value was 911.7000. Since then ^DJUSBKT has fallen by -0.51%.
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⇨ 
03/27/2023907.0500BUY 124.26
03/23/2023911.7000SHORT 124.13
03/21/2023949.7500BUY 129.83
03/08/20231,104.8700SHORT 114.30
02/27/20231,159.3100BUY 120.41
02/21/20231,171.4500SELL 120.65
01/25/20231,146.6300BUY 118.33
01/18/20231,109.3800SELL 118.57
12/27/20221,065.1200BUY 114.07
12/05/20221,135.4400SHORT 107.85
11/21/20221,140.8600BUY 108.80
11/17/20221,134.3900SELL 109.02
11/11/20221,168.2800BUY 112.50
11/09/20221,124.4150SELL 112.73
11/07/20221,123.9400BUY 112.91
11/03/20221,097.7800SELL 113.14
10/24/20221,068.7800BUY 110.37
10/20/20221,044.2000SELL 110.59
10/13/2022986.8650BUY 104.73
10/06/20221,026.5350SHORT 101.24
10/03/20221,007.8500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023907.0500BUY 129.04
03/23/2023911.7000SHORT 128.90
03/21/2023949.7500BUY 134.82
03/08/20231,104.8700SHORT 118.70
02/27/20231,159.3100BUY 125.05
02/21/20231,171.4500SELL 125.30
01/25/20231,146.6300BUY 122.89
01/18/20231,109.3800SELL 123.14
12/27/20221,065.1200BUY 118.46
12/05/20221,135.4400SHORT 112.00
11/21/20221,140.8600BUY 112.99
11/17/20221,134.3900SELL 113.22
11/11/20221,168.2800BUY 116.84
11/09/20221,124.4150SELL 117.07
11/07/20221,123.9400BUY 117.26
11/03/20221,097.7800SELL 117.50
10/24/20221,068.7800BUY 114.63
10/20/20221,044.2000SELL 114.86
10/13/2022986.8650BUY 108.77
10/06/20221,026.5350SHORT 105.14
10/03/20221,007.8500BUY 103.64
09/21/20221,073.8700SHORT 98.03
09/19/20221,094.5900BUY 100.32
09/14/20221,078.2000SHORT 102.28
09/07/20221,075.2800BUY 102.41
08/19/20221,140.2200SELL 102.62
07/29/20221,081.9700BUY 97.57
07/26/20221,061.8400SELL 97.77
07/19/20221,040.6700BUY 96.01
07/11/20221,021.9900SELL 96.20
07/07/20221,029.6200BUY 97.11
06/23/20221,015.0400SHORT 98.92
06/15/20221,018.8150BUY 99.69
06/09/20221,131.3000SELL 99.89
06/07/20221,153.3700BUY 102.04
06/03/20221,144.6000SELL 102.24
05/24/20221,107.8000BUY 99.15
05/20/20221,060.1700SHORT 104.23
05/17/20221,084.2200BUY 107.02
05/06/20221,126.8700SHORT 103.53
05/03/20221,114.0950BUY 102.77
04/12/20221,182.8000SHORT 97.52
04/08/20221,187.3350BUY 98.29
03/30/20221,276.2250SELL 98.49
03/29/20221,290.6500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023907.0500BUY 162.58
03/23/2023911.7000SHORT 162.40
03/21/2023949.7500BUY 169.86
03/08/20231,104.8700SHORT 149.55
02/27/20231,159.3100BUY 157.55
02/21/20231,171.4500SELL 157.87
01/25/20231,146.6300BUY 154.83
01/18/20231,109.3800SELL 155.14
12/27/20221,065.1200BUY 149.25
12/05/20221,135.4400SHORT 141.11
11/21/20221,140.8600BUY 142.35
11/17/20221,134.3900SELL 142.64
11/11/20221,168.2800BUY 147.20
11/09/20221,124.4150SELL 147.50
11/07/20221,123.9400BUY 147.73
11/03/20221,097.7800SELL 148.03
10/24/20221,068.7800BUY 144.41
10/20/20221,044.2000SELL 144.70
10/13/2022986.8650BUY 137.03
10/06/20221,026.5350SHORT 132.46
10/03/20221,007.8500BUY 130.57
09/21/20221,073.8700SHORT 123.50
09/19/20221,094.5900BUY 126.39
09/14/20221,078.2000SHORT 128.86
09/07/20221,075.2800BUY 129.03
08/19/20221,140.2200SELL 129.29
07/29/20221,081.9700BUY 122.93
07/26/20221,061.8400SELL 123.18
07/19/20221,040.6700BUY 120.97
07/11/20221,021.9900SELL 121.21
07/07/20221,029.6200BUY 122.36
06/23/20221,015.0400SHORT 124.64
06/15/20221,018.8150BUY 125.61
06/09/20221,131.3000SELL 125.86
06/07/20221,153.3700BUY 128.57
06/03/20221,144.6000SELL 128.83
05/24/20221,107.8000BUY 124.94
05/20/20221,060.1700SHORT 131.34
05/17/20221,084.2200BUY 134.86
05/06/20221,126.8700SHORT 130.46
05/03/20221,114.0950BUY 129.50
04/12/20221,182.8000SHORT 122.88
04/08/20221,187.3350BUY 123.85
03/30/20221,276.2250SELL 124.10
03/29/20221,290.6500BUY 125.75
03/23/20221,276.1450SELL 126.00
03/22/20221,287.7600BUY 127.40
03/18/20221,280.7300SELL 127.66
03/09/20221,210.9600BUY 120.95
02/18/20221,362.2400SHORT 109.30
02/16/20221,407.8100BUY 113.41
02/10/20221,418.8800SELL 113.64
02/07/20221,393.7200BUY 111.85
02/03/20221,355.6400SHORT 115.54
01/26/20221,337.9200BUY 114.49
01/14/20221,438.7700SELL 114.72
12/22/20211,306.0900BUY 104.35
12/20/20211,292.5300SHORT 105.88
12/16/20211,324.5550BUY 108.94
12/09/20211,335.0400SHORT 108.52
12/07/20211,335.2600BUY 108.97
11/26/20211,389.4600SELL 109.19
11/23/20211,404.9200BUY 110.63
11/18/20211,374.7500SHORT 113.57
11/11/20211,402.3600BUY 116.32
11/04/20211,398.8800SHORT 117.08
11/01/20211,410.0100BUY 118.49
10/27/20211,404.7850SELL 118.73
10/15/20211,349.9300BUY 114.32
10/11/20211,348.5500SELL 114.55
10/04/20211,339.4000BUY 114.00
09/30/20211,320.0500SELL 114.23
09/22/20211,252.1250BUY 108.57
09/20/20211,249.6800SHORT 109.22
09/13/20211,269.3300BUY 111.38
08/30/20211,287.3200SELL 111.60
08/23/20211,257.5800BUY 109.24
08/16/20211,288.0400SELL 109.46
08/05/20211,234.9600BUY 105.16
08/02/20211,212.4600SHORT 107.58
07/28/20211,217.9000BUY 108.50
07/23/20211,204.2900SHORT 110.18
07/21/20211,204.5100BUY 110.64
07/06/20211,255.2900SELL 110.86
07/01/20211,259.7400BUY 111.48
06/29/20211,253.6000SHORT 112.48
06/23/20211,226.7200BUY 110.51
06/09/20211,325.0200SHORT 103.29
05/24/20211,320.1300BUY 103.32
05/19/20211,311.2600SELL 103.53
05/14/20211,313.0000BUY 103.88
05/11/20211,296.2350SELL 104.09
04/23/20211,220.4300BUY 98.20
04/20/20211,219.7900SELL 98.40
04/16/20211,234.6400BUY 99.80
† Trade commissions are taken as 0.20%.

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