Title
by Americanbulls.com LLC
Last Update
12/18/2018
FCEF
FIRST TRUST CEF INCOM OPRTUNTY ETF
Last Signal: STAY SHORT
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
19.0362
Change:
-0.1038
Percent change
-0.54%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 12/06/2018, 12 days ago, when the stock price was 20.3300. Since then FCEF has fallen by -6.36%.
Market Outlook
With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
12/06/201820.3300SHORT 92.02
12/03/201820.5800BUY 93.53
11/16/201820.4995SHORT 94.28
11/06/201820.6527BUY 95.37
10/18/201821.0439SHORT 94.01
10/16/201821.0373BUY 94.36
10/11/201821.0000SHORT 94.91
10/09/201821.5524BUY 97.80
10/05/201821.8057SHORT 97.06
10/01/201822.1949BUY 99.19
09/25/201822.0845SELL 99.39
09/11/201822.1100BUY 99.70
08/31/201822.2756SELL 99.90
08/03/201822.0228BUY 98.96
07/27/201822.0069SELL 99.16
07/18/201821.9500BUY 99.10
07/10/201821.8705SHORT 99.86
07/05/201821.7700BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/06/201820.3300SHORT 89.66
12/03/201820.5800BUY 91.13
11/16/201820.4995SHORT 91.86
11/06/201820.6527BUY 92.92
10/18/201821.0439SHORT 91.59
10/16/201821.0373BUY 91.93
10/11/201821.0000SHORT 92.46
10/09/201821.5524BUY 95.27
10/05/201821.8057SHORT 94.55
10/01/201822.1949BUY 96.62
09/25/201822.0845SELL 96.81
09/11/201822.1100BUY 97.12
08/31/201822.2756SELL 97.31
08/03/201822.0228BUY 96.40
07/27/201822.0069SELL 96.59
07/18/201821.9500BUY 96.53
07/10/201821.8705SHORT 97.27
07/05/201821.7700BUY 97.21
06/25/201821.7260SELL 97.40
06/04/201821.8100BUY 97.97
05/24/201821.6500SELL 98.17
04/26/201821.3738BUY 97.11
04/20/201821.3658SELL 97.30
03/29/201821.2500BUY 96.97
03/13/201821.7968SELL 97.16
03/08/201821.6745BUY 96.81
02/27/201821.6899SHORT 97.13
02/15/201821.4300BUY 96.35
02/09/201821.1394SHORT 98.08
02/07/201821.4618BUY 99.98
01/25/201822.5058SELL 100.18
01/22/201822.3753BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/06/201820.3300SHORT 90.25
12/03/201820.5800BUY 91.73
11/16/201820.4995SHORT 92.46
11/06/201820.6527BUY 93.52
10/18/201821.0439SHORT 92.18
10/16/201821.0373BUY 92.52
10/11/201821.0000SHORT 93.06
10/09/201821.5524BUY 95.89
10/05/201821.8057SHORT 95.17
10/01/201822.1949BUY 97.26
09/25/201822.0845SELL 97.45
09/11/201822.1100BUY 97.76
08/31/201822.2756SELL 97.96
08/03/201822.0228BUY 97.04
07/27/201822.0069SELL 97.23
07/18/201821.9500BUY 97.17
07/10/201821.8705SHORT 97.92
07/05/201821.7700BUY 97.86
06/25/201821.7260SELL 98.06
06/04/201821.8100BUY 98.64
05/24/201821.6500SELL 98.84
04/26/201821.3738BUY 97.77
04/20/201821.3658SELL 97.97
03/29/201821.2500BUY 97.63
03/13/201821.7968SELL 97.83
03/08/201821.6745BUY 97.48
02/27/201821.6899SHORT 97.80
02/15/201821.4300BUY 97.02
02/09/201821.1394SHORT 98.77
02/07/201821.4618BUY 100.68
01/25/201822.5058SELL 100.88
01/22/201822.3753BUY 100.50
01/09/201822.3300SELL 100.70
12/14/201721.9150BUY 99.03
11/29/201721.7098SHORT 100.38
11/24/201721.8600BUY 101.48
11/08/201721.9677SHORT 101.39
10/27/201721.9640BUY 101.78
10/18/201722.2290SELL 101.98
10/02/201722.1000BUY 101.59
09/25/201721.8900SELL 101.79
08/25/201721.5158BUY 100.25
07/25/201721.8464SELL 100.45
07/10/201721.4944BUY 99.03
06/15/201721.4006SELL 99.23
05/25/201721.4900BUY 99.84
05/17/201721.2630SELL 100.04
03/30/201720.7900BUY 98.01
03/24/201720.6000SHORT 99.32
03/15/201720.6600BUY 100.01
02/28/201720.8700SELL 100.21
02/14/201720.9000BUY 100.56
02/09/201720.7001SELL 100.76
01/24/201720.4150BUY 99.57
01/19/201720.3452SELL 99.77
01/06/201720.3100BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.