Title
by Americanbulls.com LLC
  • English
    v
Last Update
03/27/2023
^DJUSBM
DOW JONES US BASIC MATERIALS
Last Signal: BUY
Last Pattern: BULLISH ENGULFING
Last Close:
527.3300
Change:
+4.1800
Percent change
+0.80%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the values crossed above the confirmation level which was at 523.1500, and our valid average buying value stands now at 527.3300. The previous SHORT signal was issued on 03/23/2023, 4 days ago, when the index value was 519.2300. Since then ^DJUSBM has risen by +1.56%.
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 is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023527.3300BUY 99.13
03/23/2023519.2300SHORT 101.10
03/20/2023520.6000BUY 101.77
03/07/2023568.0700SELL 101.97
02/24/2023550.1200BUY 98.95
02/03/2023574.5300SELL 99.15
02/01/2023575.4600BUY 99.51
01/30/2023566.2250SELL 99.71
01/04/2023525.6100BUY 92.74
12/28/2022521.7300SHORT 93.81
12/21/2022525.4800BUY 94.86
12/16/2022525.0600SHORT 95.32
12/12/2022542.2700BUY 98.84
12/05/2022549.3900SELL 99.04
11/21/2022534.7950BUY 96.60
11/16/2022541.1700SELL 96.79
11/11/2022543.0900BUY 97.33
11/09/2022513.3750SELL 97.53
11/04/2022502.2800BUY 95.61
10/31/2022494.4000SELL 95.80
10/25/2022481.2600BUY 93.44
10/19/2022468.6900SELL 93.63
10/13/2022466.5450BUY 93.39
10/06/2022472.9000SELL 93.58
10/04/2022472.5500BUY 93.70
09/30/2022447.8100SHORT 99.58
09/28/2022447.0000BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023527.3300BUY 129.34
03/23/2023519.2300SHORT 131.92
03/20/2023520.6000BUY 132.80
03/07/2023568.0700SELL 133.07
02/24/2023550.1200BUY 129.12
02/03/2023574.5300SELL 129.38
02/01/2023575.4600BUY 129.85
01/30/2023566.2250SELL 130.11
01/04/2023525.6100BUY 121.02
12/28/2022521.7300SHORT 122.42
12/21/2022525.4800BUY 123.79
12/16/2022525.0600SHORT 124.39
12/12/2022542.2700BUY 128.98
12/05/2022549.3900SELL 129.24
11/21/2022534.7950BUY 126.06
11/16/2022541.1700SELL 126.31
11/11/2022543.0900BUY 127.01
11/09/2022513.3750SELL 127.26
11/04/2022502.2800BUY 124.76
10/31/2022494.4000SELL 125.01
10/25/2022481.2600BUY 121.93
10/19/2022468.6900SELL 122.17
10/13/2022466.5450BUY 121.85
10/06/2022472.9000SELL 122.09
10/04/2022472.5500BUY 122.24
09/30/2022447.8100SHORT 129.91
09/28/2022447.0000BUY 130.20
09/21/2022476.0400SHORT 123.21
09/19/2022481.4800BUY 125.12
09/14/2022495.1600SHORT 122.24
09/08/2022498.6800BUY 123.60
08/29/2022513.8500SHORT 120.54
08/24/2022518.8600BUY 122.20
08/17/2022528.5400SELL 122.44
08/12/2022526.9900BUY 122.33
08/09/2022509.0600SELL 122.58
08/04/2022502.5600BUY 121.26
08/02/2022502.2300SELL 121.50
07/19/2022471.8700BUY 114.38
07/12/2022468.3600SHORT 115.71
07/07/2022476.1000BUY 118.09
06/08/2022569.8800SELL 118.33
05/13/2022535.5600BUY 111.43
05/02/2022557.8000SHORT 107.59
04/27/2022561.1300BUY 108.67
04/21/2022603.2950SHORT 101.98
04/08/2022588.0600BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/2023527.3300BUY 210.63
03/23/2023519.2300SHORT 214.83
03/20/2023520.6000BUY 216.26
03/07/2023568.0700SELL 216.69
02/24/2023550.1200BUY 210.26
02/03/2023574.5300SELL 210.68
02/01/2023575.4600BUY 211.44
01/30/2023566.2250SELL 211.86
01/04/2023525.6100BUY 197.06
12/28/2022521.7300SHORT 199.33
12/21/2022525.4800BUY 201.57
12/16/2022525.0600SHORT 202.54
12/12/2022542.2700BUY 210.02
12/05/2022549.3900SELL 210.44
11/21/2022534.7950BUY 205.26
11/16/2022541.1700SELL 205.67
11/11/2022543.0900BUY 206.81
11/09/2022513.3750SELL 207.22
11/04/2022502.2800BUY 203.15
10/31/2022494.4000SELL 203.56
10/25/2022481.2600BUY 198.55
10/19/2022468.6900SELL 198.95
10/13/2022466.5450BUY 198.44
10/06/2022472.9000SELL 198.84
10/04/2022472.5500BUY 199.09
09/30/2022447.8100SHORT 211.58
09/28/2022447.0000BUY 212.04
09/21/2022476.0400SHORT 200.65
09/19/2022481.4800BUY 203.76
09/14/2022495.1600SHORT 199.08
09/08/2022498.6800BUY 201.30
08/29/2022513.8500SHORT 196.31
08/24/2022518.8600BUY 199.02
08/17/2022528.5400SELL 199.42
08/12/2022526.9900BUY 199.23
08/09/2022509.0600SELL 199.63
08/04/2022502.5600BUY 197.48
08/02/2022502.2300SELL 197.88
07/19/2022471.8700BUY 186.29
07/12/2022468.3600SHORT 188.45
07/07/2022476.1000BUY 192.33
06/08/2022569.8800SELL 192.72
05/13/2022535.5600BUY 181.48
05/02/2022557.8000SHORT 175.22
04/27/2022561.1300BUY 176.97
04/21/2022603.2950SHORT 166.07
04/08/2022588.0600BUY 162.53
03/31/2022593.6800SELL 162.86
03/10/2022543.3900BUY 149.36
02/18/2022543.4600SELL 149.66
02/15/2022549.6600BUY 151.67
02/04/2022537.9600SHORT 155.66
01/31/2022528.2700BUY 153.47
01/14/2022571.4000SHORT 143.27
01/12/2022576.1700BUY 145.05
01/03/2022570.4800SELL 145.34
12/22/2021551.1300BUY 140.69
12/13/2021553.1300SHORT 140.75
12/06/2021537.4100BUY 137.30
11/26/2021555.2900SHORT 133.55
11/22/2021561.7800BUY 135.65
11/16/2021567.9500SELL 135.92
11/01/2021541.0800BUY 129.75
10/27/2021543.0400SELL 130.01
10/05/2021507.8100BUY 121.82
09/29/2021508.5500SHORT 122.13
09/23/2021504.0900BUY 121.54
09/07/2021531.6200SHORT 116.02
08/23/2021525.8050BUY 115.21
08/16/2021543.5900SELL 115.44
08/06/2021531.5500BUY 113.11
08/04/2021527.3200SELL 113.34
07/21/2021512.4500BUY 110.36
07/14/2021523.9200SHORT 108.43
07/09/2021527.3200BUY 109.57
07/06/2021526.3450SHORT 110.21
06/22/2021527.1600BUY 110.82
06/07/2021562.6300SHORT 104.67
05/27/2021557.6100BUY 104.15
05/19/2021555.9800SELL 104.36
05/14/2021556.3500BUY 104.64
05/10/2021559.3600SELL 104.85
05/04/2021538.0200BUY 101.05
04/30/2021530.5500SELL 101.25
04/26/2021531.0000BUY 101.54
04/20/2021523.4700SELL 101.74
04/12/2021512.4800BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

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