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by Americanbulls.com LLC
  • English
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Last Update
2019-07-17
MARKET STATUS REPORT, 2019-07-17
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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BULLISH PATTERNS
 
JS5.SI (SGX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2110>BULLISH KICKING</a>...JS5.SI SINO GRANDNESS FOOD IND GP Close : 0.0460 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how JS5.SI declined after the SELL signal which was issued on 2019-07-03. Since then, the stock price edged down by a hefty 24.59%. The bearish sentiment may be over now. Our system detected a BULLISH KICKING pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH KICKING pattern, if confirmed, indicates an upside potential of 0.00%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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