Title
by Americanbulls.com LLC
Last Update
11/13/2018
EEV
PROSHARES ULTRASHORT MSCI EMRGNG ETF
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
52.4000
Change:
-1.2073
Percent change
-2.25%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 53.0836, and our valid average selling price stands now at 52.4530. The previous BUY signal was issued on 11/08/2018, 5 days ago, when the stock price was 49.7020. Since then EEV has risen by +5.53%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
11/13/201852.4530SELL 128.62
11/08/201849.7020BUY 122.12
10/31/201854.1600SELL 122.36
10/18/201852.7658BUY 119.45
10/16/201850.3958SELL 119.69
09/28/201846.0100BUY 109.49
09/19/201847.2800SELL 109.71
08/30/201845.2500BUY 105.21
08/27/201844.4600SELL 105.42
08/23/201846.0250BUY 109.35
08/21/201846.5100SELL 109.57
08/09/201843.8290BUY 103.46
07/20/201844.6310SHORT 102.04
07/11/201845.9400BUY 105.45
07/09/201844.5900SELL 105.66
07/05/201847.0000BUY 111.59
06/29/201846.1627SELL 111.81
06/11/201840.7500BUY 98.90
06/01/201841.3900SELL 99.10
05/18/201841.6000BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/13/201852.4530SELL 153.09
11/08/201849.7020BUY 145.35
10/31/201854.1600SELL 145.64
10/18/201852.7658BUY 142.18
10/16/201850.3958SELL 142.46
09/28/201846.0100BUY 130.32
09/19/201847.2800SELL 130.58
08/30/201845.2500BUY 125.22
08/27/201844.4600SELL 125.47
08/23/201846.0250BUY 130.15
08/21/201846.5100SELL 130.41
08/09/201843.8290BUY 123.14
07/20/201844.6310SHORT 121.45
07/11/201845.9400BUY 125.51
07/09/201844.5900SELL 125.76
07/05/201847.0000BUY 132.82
06/29/201846.1627SELL 133.09
06/11/201840.7500BUY 117.72
06/01/201841.3900SELL 117.96
05/18/201841.6000BUY 118.80
05/04/201841.2500SELL 119.04
05/02/201840.7000BUY 117.69
04/26/201840.8500SELL 117.93
04/20/201839.2900BUY 113.65
04/18/201838.7100SELL 113.88
04/13/201838.6900BUY 114.05
04/10/201838.7050SELL 114.28
03/22/201838.4450BUY 113.74
03/20/201837.1000SELL 113.97
03/13/201836.3200BUY 111.80
03/05/201838.8050SELL 112.02
02/27/201837.9950BUY 109.90
02/12/201840.9505SELL 110.12
02/08/201840.7995BUY 109.93
02/06/201839.6005SHORT 113.82
01/30/201836.0495BUY 104.03
12/11/201745.0035SELL 104.24
11/27/201742.9995BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/13/201852.4530SELL 144.57
11/08/201849.7020BUY 137.26
10/31/201854.1600SELL 137.54
10/18/201852.7658BUY 134.27
10/16/201850.3958SELL 134.54
09/28/201846.0100BUY 123.08
09/19/201847.2800SELL 123.33
08/30/201845.2500BUY 118.27
08/27/201844.4600SELL 118.51
08/23/201846.0250BUY 122.93
08/21/201846.5100SELL 123.18
08/09/201843.8290BUY 116.31
07/20/201844.6310SHORT 114.72
07/11/201845.9400BUY 118.56
07/09/201844.5900SELL 118.80
07/05/201847.0000BUY 125.47
06/29/201846.1627SELL 125.72
06/11/201840.7500BUY 111.20
06/01/201841.3900SELL 111.42
05/18/201841.6000BUY 112.21
05/04/201841.2500SELL 112.43
05/02/201840.7000BUY 111.15
04/26/201840.8500SELL 111.37
04/20/201839.2900BUY 107.33
04/18/201838.7100SELL 107.55
04/13/201838.6900BUY 107.71
04/10/201838.7050SELL 107.93
03/22/201838.4450BUY 107.42
03/20/201837.1000SELL 107.64
03/13/201836.3200BUY 105.59
03/05/201838.8050SELL 105.80
02/27/201837.9950BUY 103.80
02/12/201840.9505SELL 104.01
02/08/201840.7995BUY 103.83
02/06/201839.6005SHORT 107.50
01/30/201836.0495BUY 98.25
12/11/201745.0035SELL 98.45
11/27/201742.9995BUY 94.25
11/16/201744.7500SELL 94.44
11/10/201744.7000BUY 94.52
09/29/201748.4500SELL 94.71
09/25/201747.8500BUY 93.72
09/15/201746.9020SHORT 96.04
09/13/201747.3500BUY 97.35
08/15/201751.5500SELL 97.55
08/10/201751.4750BUY 97.60
07/21/201751.1950SHORT 98.53
07/17/201752.0000BUY 100.48
07/03/201756.1500SHORT 93.94
06/27/201756.4500BUY 94.82
06/19/201757.1500SHORT 94.05
06/09/201756.8000BUY 93.85
04/25/201761.3750SELL 94.04
03/31/201763.9500BUY 98.18
03/13/201767.4750SELL 98.38
02/27/201767.9750BUY 99.31
02/03/201770.4145SHORT 96.37
02/01/201771.4250BUY 98.15
01/23/201774.5250SHORT 94.61
01/18/201774.8750BUY 95.44
12/29/201681.9500SELL 95.63
12/12/201680.0000BUY 93.54
12/05/201683.1000SELL 93.73
11/14/201688.3000BUY 99.80
† Trade commissions are taken as 0.20%.

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