Vol: ...  6 mo: 0★  24 mo: 0★
DYNAMIC NETWORKING INTELLIDEX
SELL
Close
8815
Prev Close
8966
Change
-151.0000
Change%
-1.68%
Delayed Intraday Module : OFF
SESSION CLOSED
Sold at
8895.28
Open
8966
High
8966
Low
8801
Close
8815
Gain%
-0.90%
Bullish trend! Sell and subsequent Stay in Cash signals can be omitted.
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 8919, and our valid average selling value stands now at 8895. The previous BUY signal was issued on 06/04/2021, 14 days ago, when the index value was 8697. Since then ^DZN has risen by +2.28%.
Market Outlook
We may be at a market top or at the start of a correction. 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. Today’s candlestick has a black body and its close is below the confirmation level. 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.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Pattern & Confirmation Chart for the Last 6 Months
^DZN Pattern & Confirmation History since 12/19/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
06/15/21
BEARISH ENGULFING
8998 8919.24 8895 06/18
SELL
06/09/21
BEARISH HARAMI
8868 8779.33
06/02/21
BULLISH HARAMI
8588 8674.35 8697 06/04
BUY
05/27/21
BEARISH HARAMI CROSS
8759 8657.82 8647 06/01
SELL
05/25/21
BEARISH HARAMI
8655 8550.58
05/21/21
BEARISH DELIBERATION BLOCK
8615 8487.65
05/17/21
BEARISH HARAMI
8276 8146.48
05/13/21
BULLISH HARAMI
7952 8187.89 8209 05/14
BUY
05/10/21
BEARISH ENGULFING
8432 8254.39 8232 05/12
SHORT
05/06/21
BULLISH HAMMER
8180 8323.03 8345 05/07
BUY
04/27/21
BEARISH HARAMI
9020 8901.98 8878 04/28
SELL
04/21/21
BULLISH HARAMI
8543 8725.72 8749 04/23
BUY
04/16/21
BEARISH HARAMI
8914 8819.28 8796 04/19
SELL
04/14/21
BEARISH HARAMI
8906 8735.59
04/07/21
BEARISH ENGULFING
8564 8477.58
03/31/21
BULLISH ENGULFING
8141 8264.59 8287 04/01
BUY
03/29/21
BEARISH HARAMI
8393 8191.20 8169 03/30
SHORT
03/25/21
BULLISH HARAMI
7975 8217.09 8239 03/26
BUY
03/23/21
BEARISH ENGULFING
8496 8329.71 8307 03/24
SHORT
03/19/21
BULLISH HARAMI
8254 8457.15 8479 03/22
BUY
03/16/21
BEARISH HARAMI CROSS
8710 8569.40 8546 03/18
SELL
03/12/21
BEARISH HARAMI
8593 8424.90
03/10/21
BEARISH HARAMI
8491 8124.43
03/05/21
BULLISH HARAMI
7651 8162.00 8183 03/09
BUY
03/02/21
BEARISH HARAMI
8835 8601.74 8579 03/03
SHORT
02/26/21
BULLISH HARAMI
8335 8604.84 8627 03/01
BUY
02/24/21
BULLISH HARAMI
8272 8785.33
02/19/21
BULLISH ENGULFING
8988 9086.67
02/10/21
BEARISH HARAMI
9248 9152.81 9128 02/17
SHORT
02/03/21
BEARISH ENGULFING
8977 8810.39
02/01/21
BULLISH ENGULFING
8606 8818.12 8842 02/02
BUY
01/25/21
BEARISH HARAMI CROSS
9083 8887.84 8864 01/26
SELL
01/21/21
BEARISH HARAMI
8971 8858.56
01/14/21
BULLISH HARAMI
8648 8708.23 8731 01/19
BUY
01/11/21
BEARISH DELIBERATION BLOCK
8753 8681.72 8660 01/13
SELL
01/04/21
BEARISH STOP LOSS
8340   8481 01/07
BUY
12/30/20
BULLISH HARAMI
8340 8458.86 8466 12/31
BUY
12/23/20
BEARISH HARAMI
8705 8529.91 8507 12/29
SELL
12/21/20
BEARISH DELIBERATION BLOCK
8400 8390.91
Pattern Patterns
Total
Confirmed
Total
Confirmation
Profitable
Signals
Profitable
Signal
Profit Loss Total Net
BEARISH DESCENDING HAWK
5240%150%25%0%25%
BULLISH PIERCING LINE
10770%571%5%0%5%
BEARISH STOP LOSS
66100%233%5%1%4%
BULLISH DOJI STAR
11763%457%4%0%4%
BEARISH DELIBERATION BLOCK
11545%360%3%0%3%
BULLISH ENGULFING
241979%1578%3%0%3%
BEARISH HANGING MAN
6350%266%3%0%3%
BULLISH STOP LOSS
302376%1252%3%1%2%
BEARISH THREE GAP UPS
191368%323%3%1%2%
BEARISH DOJI STAR
11763%342%3%1%2%
BEARISH DARK CLOUD COVER
9777%228%3%1%2%
BEARISH HARAMI
552749%1762%3%1%2%
BULLISH ONE WHITE SOLDIER
14964%555%2%0%2%
BULLISH HARAMI
463167%2167%3%1%2%
BULLISH THREE GAP DOWNS
6350%3100%1%0%1%
BEARISH ONE BLACK CROW
15853%337%2%1%1%
BEARISH HARAMI CROSS
231460%642%1%0%1%
BEARISH ENGULFING
291862%844%2%1%1%
BULLISH HOMING PIGEON
6466%375%1%0%1%
BULLISH HARAMI CROSS
7457%4100%1%0%1%
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