Title
by Americanbulls.com LLC
Last Update
08/17/2018
SPDN
DIREXION DAILY S&P 500 BEAR ETF
Last Signal: SHORT
Last Pattern: BEARISH DESCENDING HAWK
Last Close:
28.3600
Change:
-0.1300
Percent change
-0.46%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 28.5200, and our valid average selling price stands now at 28.4900. The previous BUY signal was issued on 08/10/2018, 7 days ago, when the stock price was 28.4700. Since then SPDN has risen by +0.07%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
08/17/201828.4900SHORT 97.09
08/10/201828.4700BUY 97.41
08/02/201828.6901SHORT 97.06
07/19/201828.7900BUY 97.79
06/29/201829.5600SELL 97.99
06/13/201829.2000BUY 96.99
06/01/201829.7452SHORT 95.63
05/31/201829.9400BUY 96.64
05/23/201829.7580SHORT 97.62
05/15/201829.8350BUY 98.27
05/04/201830.8050SELL 98.47
04/24/201830.3675BUY 97.27
04/10/201830.6330SELL 97.46
04/06/201830.8470BUY 98.34
03/29/201831.0350SELL 98.54
03/22/201830.2800BUY 96.34
03/16/201829.6100SHORT 98.97
02/28/201829.7400BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/17/201828.4900SHORT 103.02
08/10/201828.4700BUY 103.36
08/02/201828.6901SHORT 102.98
07/19/201828.7900BUY 103.75
06/29/201829.5600SELL 103.96
06/13/201829.2000BUY 102.90
06/01/201829.7452SHORT 101.45
05/31/201829.9400BUY 102.52
05/23/201829.7580SHORT 103.56
05/15/201829.8350BUY 104.24
05/04/201830.8050SELL 104.45
04/24/201830.3675BUY 103.17
04/10/201830.6330SELL 103.38
04/06/201830.8470BUY 104.31
03/29/201831.0350SELL 104.52
03/22/201830.2800BUY 102.18
03/16/201829.6100SHORT 104.97
02/28/201829.7400BUY 105.85
02/12/201830.8200SELL 106.06
02/08/201830.9150BUY 106.60
02/06/201830.3550SHORT 109.04
01/30/201828.9600BUY 104.45
12/12/201730.8400SHORT 98.84
12/04/201731.1100BUY 100.11
10/02/201732.4859SHORT 96.43
09/25/201732.8501BUY 97.90
09/12/201732.9800SHORT 97.91
09/05/201733.4100BUY 99.58
08/29/201733.6438SELL 99.78
08/24/201733.7400BUY 100.27
08/22/201733.8100SELL 100.47
08/17/201733.5175BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/17/201828.4900SHORT 97.63
08/10/201828.4700BUY 97.95
08/02/201828.6901SHORT 97.59
07/19/201828.7900BUY 98.32
06/29/201829.5600SELL 98.52
06/13/201829.2000BUY 97.52
06/01/201829.7452SHORT 96.15
05/31/201829.9400BUY 97.17
05/23/201829.7580SHORT 98.16
05/15/201829.8350BUY 98.81
05/04/201830.8050SELL 99.01
04/24/201830.3675BUY 97.80
04/10/201830.6330SELL 98.00
04/06/201830.8470BUY 98.88
03/29/201831.0350SELL 99.08
03/22/201830.2800BUY 96.86
03/16/201829.6100SHORT 99.50
02/28/201829.7400BUY 100.34
02/12/201830.8200SELL 100.54
02/08/201830.9150BUY 101.05
02/06/201830.3550SHORT 103.36
01/30/201828.9600BUY 99.01
12/12/201730.8400SHORT 93.70
12/04/201731.1100BUY 94.90
10/02/201732.4859SHORT 91.41
09/25/201732.8501BUY 92.81
09/12/201732.9800SHORT 92.82
09/05/201733.4100BUY 94.41
08/29/201733.6438SELL 94.60
08/24/201733.7400BUY 95.06
08/22/201733.8100SELL 95.25
08/17/201733.5175BUY 94.62
07/10/201733.8800SELL 94.81
06/30/201733.9446BUY 95.18
06/28/201733.7200SHORT 96.20
06/22/201733.8500BUY 96.96
06/13/201733.8200SHORT 97.44
06/06/201733.9400BUY 98.18
05/19/201734.7203SHORT 96.41
05/17/201734.7997BUY 97.02
05/08/201734.4532SHORT 98.40
04/28/201734.7000BUY 99.50
04/20/201735.1600SELL 99.70
04/03/201735.0798BUY 99.67
03/28/201735.3222SELL 99.87
03/06/201734.8800BUY 98.82
01/24/201736.5750SHORT 94.82
01/19/201736.6800BUY 95.47
01/06/201736.5600SHORT 96.17
12/28/201636.9600BUY 97.61
12/19/201636.7402SHORT 98.59
12/14/201636.9400BUY 99.52
12/05/201637.8400SHORT 97.60
11/28/201637.7872BUY 97.85
11/07/201639.3400SELL 98.05
10/28/201639.2200BUY 97.95
10/26/201639.0000SELL 98.15
10/11/201638.8798BUY 98.04
09/28/201638.6600SELL 98.24
09/26/201638.9400BUY 99.15
09/15/201639.3000SELL 99.35
09/13/201639.1600BUY 99.19
09/02/201638.4800SELL 99.39
08/24/201638.5600BUY 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.