Don't Ignore This Chart!

Bearish Candlestick Reversal Patterns Increase on Predefined Scans Page


There was an uptick in the number of bearish candlestick reversals on Monday afternoon. As the screen shot below shows, there were 67 bearish engulfing patterns as of 1:51PM ET.  There were also 13 dark cloud patterns and over 100 harami, which are like inside days. Chartists can click on the number to see a list of stocks with these patterns.

Screen Shot 2013-02-11 at 19.52.37
    Click this image for a live table.




Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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