Title
by Americanbulls.com LLC
Last Update
03/27/2023
^DJUSBMT
DOW JONES US BASIC MATERIALS TR
Last Signal: BUY
Last Pattern: BULLISH ENGULFING
Last Close:
1,060.0300
Change:
+8.3900
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 1,051.6400, and our valid average buying value stands now at 1,054.7100. The previous SHORT signal was issued on 03/23/2023, 4 days ago, when the index value was 1,043.7600. Since then ^DJUSBMT has risen by +1.05%.
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⇨ 
03/27/20231,054.7100BUY 110.50
03/23/20231,043.7600SHORT 112.12
03/21/20231,052.5000BUY 113.51
03/17/20231,040.3800SHORT 115.31
03/14/20231,067.1300BUY 118.75
03/07/20231,139.3800SELL 118.99
02/24/20231,102.6000BUY 115.38
02/17/20231,116.8200SHORT 114.39
02/13/20231,122.6200BUY 115.45
02/03/20231,151.1200SELL 115.68
02/01/20231,154.0300BUY 116.20
01/30/20231,133.3750SELL 116.43
01/04/20231,052.1200BUY 108.30
12/28/20221,043.0200SHORT 109.69
12/21/20221,051.2600BUY 111.00
12/15/20221,077.2800SHORT 108.82
12/13/20221,087.1300BUY 110.26
12/05/20221,097.2900SELL 110.48
11/30/20221,085.1550BUY 109.48
11/25/20221,094.7200SELL 109.70
11/21/20221,066.6300BUY 107.10
11/15/20221,081.9200SELL 107.31
11/04/2022985.3900BUY 97.93
10/31/2022984.5250SELL 98.13
10/25/2022959.2900BUY 95.81
10/20/2022932.9500SELL 96.00
10/13/2022933.2400BUY 96.22
10/06/2022941.9300SELL 96.41
10/04/2022927.9900BUY 95.17
09/30/2022891.9200SHORT 99.58
09/28/2022890.3500BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/20231,054.7100BUY 151.81
03/23/20231,043.7600SHORT 154.03
03/21/20231,052.5000BUY 155.94
03/17/20231,040.3800SHORT 158.41
03/14/20231,067.1300BUY 163.14
03/07/20231,139.3800SELL 163.47
02/24/20231,102.6000BUY 158.51
02/17/20231,116.8200SHORT 157.15
02/13/20231,122.6200BUY 158.60
02/03/20231,151.1200SELL 158.92
02/01/20231,154.0300BUY 159.64
01/30/20231,133.3750SELL 159.96
01/04/20231,052.1200BUY 148.79
12/28/20221,043.0200SHORT 150.70
12/21/20221,051.2600BUY 152.50
12/15/20221,077.2800SHORT 149.50
12/13/20221,087.1300BUY 151.47
12/05/20221,097.2900SELL 151.77
11/30/20221,085.1550BUY 150.39
11/25/20221,094.7200SELL 150.69
11/21/20221,066.6300BUY 147.12
11/15/20221,081.9200SELL 147.41
11/04/2022985.3900BUY 134.53
10/31/2022984.5250SELL 134.80
10/25/2022959.2900BUY 131.61
10/20/2022932.9500SELL 131.87
10/13/2022933.2400BUY 132.18
10/06/2022941.9300SELL 132.44
10/04/2022927.9900BUY 130.74
09/30/2022891.9200SHORT 136.80
09/28/2022890.3500BUY 137.11
09/14/2022984.5100SHORT 125.64
09/08/2022991.9900BUY 127.10
08/29/20221,023.7900SHORT 123.77
08/24/20221,029.9300BUY 125.01
08/17/20221,047.1100SELL 125.26
08/04/2022996.2200BUY 119.41
08/02/2022997.6000SELL 119.65
07/18/2022924.0200BUY 111.05
07/11/2022934.6600SHORT 110.24
07/07/2022935.1200BUY 110.74
06/08/20221,125.0100SELL 110.96
05/17/20221,066.3000BUY 105.38
05/02/20221,100.0000SHORT 102.66
04/28/20221,113.0700BUY 104.30
04/21/20221,167.1100SHORT 100.08
04/08/20221,159.2300BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
03/27/20231,054.7100BUY 230.47
03/23/20231,043.7600SHORT 233.85
03/21/20231,052.5000BUY 236.75
03/17/20231,040.3800SHORT 240.50
03/14/20231,067.1300BUY 247.67
03/07/20231,139.3800SELL 248.17
02/24/20231,102.6000BUY 240.64
02/17/20231,116.8200SHORT 238.57
02/13/20231,122.6200BUY 240.77
02/03/20231,151.1200SELL 241.25
02/01/20231,154.0300BUY 242.34
01/30/20231,133.3750SELL 242.83
01/04/20231,052.1200BUY 225.87
12/28/20221,043.0200SHORT 228.77
12/21/20221,051.2600BUY 231.50
12/15/20221,077.2800SHORT 226.95
12/13/20221,087.1300BUY 229.94
12/05/20221,097.2900SELL 230.40
11/30/20221,085.1550BUY 228.31
11/25/20221,094.7200SELL 228.77
11/21/20221,066.6300BUY 223.35
11/15/20221,081.9200SELL 223.80
11/04/2022985.3900BUY 204.24
10/31/2022984.5250SELL 204.65
10/25/2022959.2900BUY 199.80
10/20/2022932.9500SELL 200.20
10/13/2022933.2400BUY 200.66
10/06/2022941.9300SELL 201.06
10/04/2022927.9900BUY 198.48
09/30/2022891.9200SHORT 207.67
09/28/2022890.3500BUY 208.14
09/14/2022984.5100SHORT 190.73
09/08/2022991.9900BUY 192.95
08/29/20221,023.7900SHORT 187.89
08/24/20221,029.9300BUY 189.78
08/17/20221,047.1100SELL 190.16
08/04/2022996.2200BUY 181.28
08/02/2022997.6000SELL 181.64
07/18/2022924.0200BUY 168.58
07/11/2022934.6600SHORT 167.35
07/07/2022935.1200BUY 168.10
06/08/20221,125.0100SELL 168.44
05/17/20221,066.3000BUY 159.97
05/02/20221,100.0000SHORT 155.84
04/28/20221,113.0700BUY 158.32
04/21/20221,167.1100SHORT 151.92
04/08/20221,159.2300BUY 151.50
03/31/20221,167.3200SELL 151.80
03/16/20221,070.2100BUY 139.45
03/14/20221,062.9600SELL 139.73
03/10/20221,070.1000BUY 140.95
03/04/20221,075.1200SELL 141.23
02/25/20221,042.5900BUY 137.23
02/18/20221,066.9600SELL 137.51
02/16/20221,081.8300BUY 139.71
02/11/20221,069.2250SELL 139.99
02/09/20221,062.5500BUY 139.39
02/04/20221,056.7100SHORT 140.73
01/31/20221,042.4800BUY 139.39
01/14/20221,124.1800SHORT 130.47
01/12/20221,125.6500BUY 131.16
01/06/20221,121.9150SELL 131.42
12/22/20211,080.5500BUY 126.83
12/20/20211,078.2300SELL 127.08
12/16/20211,084.9450BUY 128.13
12/13/20211,079.1300SHORT 129.34
12/06/20211,049.5500BUY 126.30
11/26/20211,088.0500SHORT 122.47
11/22/20211,098.1700BUY 124.11
11/16/20211,109.8300SELL 124.36
11/12/20211,116.7100BUY 125.38
11/10/20211,103.9200SELL 125.63
11/01/20211,057.2000BUY 120.55
10/27/20211,047.5500SELL 120.79
10/05/2021992.1500BUY 114.63
09/29/2021992.2900SHORT 115.07
09/22/2021971.5400BUY 113.12
09/07/20211,038.1800SELL 113.35
09/02/20211,047.3700BUY 114.58
08/26/20211,039.1850SHORT 115.95
08/23/20211,024.6850BUY 114.79
08/16/20211,057.8700SELL 115.02
08/06/20211,033.5050BUY 112.60
08/04/20211,025.4000SELL 112.83
07/21/2021993.4100BUY 109.53
07/14/20211,018.5500SHORT 107.32
07/09/20211,025.5400BUY 108.49
07/06/20211,013.9500SHORT 110.18
06/22/20211,023.9300BUY 111.71
06/07/20211,091.7200SHORT 105.60
05/27/20211,080.0800BUY 104.89
05/19/20211,085.5400SELL 105.10
05/14/20211,076.5700BUY 104.44
05/12/20211,080.0300SELL 104.65
05/04/20211,042.0100BUY 101.17
04/30/20211,026.4300SELL 101.37
04/26/20211,027.3900BUY 101.67
04/20/20211,014.5500SELL 101.87
04/12/2021991.9900BUY 99.80
† Trade commissions are taken as 0.20%.

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