Continuing the topic of this week we see that bonds and bear ETFs are trending higher. We are looking at the following stocks this morning:
Short ETFs: SBB, SRS, TZA, EFU, TZA, SKK, BOM
Bonds: Long term bond LWC
Equities: ESI (educational).
Note: Notice the nice bullish engulfing on the chart of ESI. An engulfing is a trend reversal pattern that consists of the stock high and low price being higher and lower respectively from the previous day. You can notice how the preceding engulfing candle changed the trend from bullish to bearish. Also, notice the nice volume spike that could mean institutions purchasing the stock.
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The Themes of this Week: Bonds and Bears
Continuing the topic of this week we see that bonds and bear ETFs are trending higher. We are looking at the following stocks this morning:
Short ETFs: SBB, SRS, TZA, EFU, TZA, SKK, BOM
Bonds: Long term bond LWC
Equities: ESI (educational).
Note: Notice the nice bullish engulfing on the chart of ESI. An engulfing is a trend reversal pattern that consists of the stock high and low price being higher and lower respectively from the previous day. You can notice how the preceding engulfing candle changed the trend from bullish to bearish. Also, notice the nice volume spike that could mean institutions purchasing the stock.
Popularity: 1% [?]
Related Posts:
About the Author