Title
by Americanbulls.com LLC
Last Update
02/23/2018
SMN
PROSHARES ULTRASHORT BASIC MATER ETF
Last Signal: STAY LONG
Last Pattern: BEARISH STOP LOSS
Last Close:
12.5900
Change:
-0.3500
Percent change
-2.70%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 02/20/2018, 3 days ago, when the stock price was 13.0100. Since then SMN has fallen by -3.23%.
Market Outlook
A sudden bearish attack caught us off guard without the forewarning of a bearish pattern. We may be on the verge of conceding the death of bullish case and getting ready to cut our bullish bet. Our previous BUY signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that but this is exactly what we have the stop loss mechanism for. The bearish stop loss of the last bullish pattern is triggered today. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
02/20/201813.0100BUY 138.18
02/12/201813.7599SELL 138.46
02/08/201814.0800BUY 141.97
02/06/201813.7700SELL 142.25
01/30/201812.0876BUY 125.12
01/19/201812.2676SHORT 123.81
01/16/201812.1924BUY 123.54
12/18/201713.8450SHORT 110.81
12/01/201714.1140BUY 113.42
11/17/201714.4752SELL 113.65
10/25/201714.3300BUY 112.74
10/20/201714.4926SHORT 111.94
10/17/201714.4350BUY 111.94
09/29/201715.2344SHORT 106.79
09/21/201715.2400BUY 107.26
08/31/201716.7311SHORT 98.88
08/29/201716.8200BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/20/201813.0100BUY 139.35
02/12/201813.7599SELL 139.63
02/08/201814.0800BUY 143.16
02/06/201813.7700SELL 143.45
01/30/201812.0876BUY 126.18
01/19/201812.2676SHORT 124.85
01/16/201812.1924BUY 124.58
12/18/201713.8450SHORT 111.74
12/01/201714.1140BUY 114.37
11/17/201714.4752SELL 114.60
10/25/201714.3300BUY 113.68
10/20/201714.4926SHORT 112.87
10/17/201714.4350BUY 112.87
09/29/201715.2344SHORT 107.67
09/21/201715.2400BUY 108.14
08/31/201716.7311SHORT 99.69
08/29/201716.8200BUY 100.62
08/24/201716.9912SELL 100.82
08/21/201717.4400BUY 103.69
08/14/201717.5300SELL 103.90
08/08/201717.0180BUY 101.07
08/02/201716.7400SHORT 103.19
07/27/201716.5181BUY 102.23
07/12/201717.1220SHORT 99.14
07/06/201717.6800BUY 102.78
06/23/201717.9600SHORT 101.61
06/15/201717.7766BUY 100.98
05/15/201718.5402SELL 101.18
04/27/201717.6900BUY 96.73
04/20/201718.9200SELL 96.92
04/12/201718.3900BUY 94.39
04/07/201718.2000SHORT 95.77
03/24/201718.8399BUY 99.54
03/13/201718.6950SELL 99.74
02/27/201718.6689BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/20/201813.0100BUY 161.76
02/12/201813.7599SELL 162.08
02/08/201814.0800BUY 166.18
02/06/201813.7700SELL 166.51
01/30/201812.0876BUY 146.46
01/19/201812.2676SHORT 144.92
01/16/201812.1924BUY 144.61
12/18/201713.8450SHORT 129.71
12/01/201714.1140BUY 132.76
11/17/201714.4752SELL 133.03
10/25/201714.3300BUY 131.96
10/20/201714.4926SHORT 131.02
10/17/201714.4350BUY 131.02
09/29/201715.2344SHORT 124.99
09/21/201715.2400BUY 125.54
08/31/201716.7311SHORT 115.73
08/29/201716.8200BUY 116.81
08/24/201716.9912SELL 117.04
08/21/201717.4400BUY 120.37
08/14/201717.5300SELL 120.61
08/08/201717.0180BUY 117.32
08/02/201716.7400SHORT 119.78
07/27/201716.5181BUY 118.67
07/12/201717.1220SHORT 115.09
07/06/201717.6800BUY 119.32
06/23/201717.9600SHORT 117.96
06/15/201717.7766BUY 117.22
05/15/201718.5402SELL 117.45
04/27/201717.6900BUY 112.29
04/20/201718.9200SELL 112.52
04/12/201718.3900BUY 109.59
04/07/201718.2000SHORT 111.19
03/24/201718.8399BUY 115.56
03/13/201718.6950SELL 115.79
02/27/201718.6689BUY 115.86
02/22/201718.4161SHORT 117.94
02/17/201718.6800BUY 120.11
02/13/201718.7600SHORT 120.08
02/07/201719.3400BUY 124.29
01/20/201720.1600SHORT 119.91
01/17/201720.2792BUY 121.10
01/04/201720.7250SELL 121.34
12/28/201620.8550BUY 122.35
12/20/201620.6395SHORT 124.14
12/12/201619.9860BUY 120.69
12/05/201621.0053SHORT 115.57
11/28/201621.7952BUY 120.40
11/07/201624.6201SELL 120.64
11/02/201625.4015BUY 124.72
10/28/201625.0600SELL 124.97
10/11/201624.9980BUY 124.91
10/06/201624.4620SELL 125.16
10/04/201624.5652BUY 125.94
09/21/201625.5300SELL 126.19
08/31/201623.7300BUY 117.53
08/29/201623.6850SHORT 118.23
08/24/201623.8500BUY 119.53
08/18/201623.7850SELL 119.77
08/10/201623.9900BUY 121.04
08/08/201623.8250SHORT 122.37
08/02/201624.2350BUY 124.98
07/26/201623.8460SHORT 127.56
07/19/201623.9090BUY 128.41
06/29/201628.2700SELL 128.67
06/24/201626.8600BUY 122.50
06/03/201626.3450SHORT 125.44
05/26/201626.4580BUY 126.48
05/16/201627.9200SELL 126.73
04/28/201626.3550BUY 119.87
04/06/201630.4050SHORT 106.20
04/04/201630.0514BUY 105.39
03/17/201630.7838SHORT 103.35
03/15/201632.4300BUY 109.31
02/26/201636.0200SHORT 99.80
† Trade commissions are taken as 0.20%.

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