Title
by Americanbulls.com LLC
Last Update
2019-03-22
000016
SSE 50 IDX
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
2,795.3910
Change:
-7.5740
Percent change
-0.27%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the values crossed below the confirmation level which was at 2,802.9650, and our valid average selling value stands now at 2,795.3910. The previous BUY signal was issued on 2019-03-14, 8 days ago, when the index value was 2,729.1320. Since then 000016 has risen by +2.43%.
Market Outlook
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. 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. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
CNY100⇨ 
2019-03-222,795.3910SELL 104.45
2019-03-142,729.1320BUY 102.59
2019-03-082,712.0735SELL 103.21
2019-02-222,590.4740BUY 99.18
2019-02-152,551.8750SELL 99.78
2019-01-292,440.5610BUY 96.00
2019-01-232,397.0490SELL 96.58
2019-01-112,348.9400BUY 95.21
2019-01-082,305.1710SELL 95.78
2019-01-042,300.1635BUY 96.15
2018-12-072,430.7220SELL 96.73
2018-11-282,421.1340BUY 96.93
2018-11-222,439.5240SELL 97.52
2018-11-162,461.4450BUY 98.99
2018-10-292,454.5950SELL 99.59
2018-10-192,435.1200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-03-222,795.3910SELL 105.62
2019-03-142,729.1320BUY 103.74
2019-03-082,712.0735SELL 104.37
2019-02-222,590.4740BUY 100.29
2019-02-152,551.8750SELL 100.90
2019-01-292,440.5610BUY 97.08
2019-01-232,397.0490SELL 97.67
2019-01-112,348.9400BUY 96.29
2019-01-082,305.1710SELL 96.87
2019-01-042,300.1635BUY 97.24
2018-12-072,430.7220SELL 97.83
2018-11-282,421.1340BUY 98.03
2018-11-222,439.5240SELL 98.62
2018-11-162,461.4450BUY 100.11
2018-10-292,454.5950SELL 100.71
2018-10-192,435.1200BUY 100.51
2018-10-082,536.7800SELL 101.12
2018-09-182,444.8080BUY 98.04
2018-09-052,471.7850SELL 98.63
2018-08-212,419.1670BUY 97.11
2018-07-272,525.0920SELL 97.70
2018-07-202,436.3265BUY 94.83
2018-07-162,463.4985SELL 95.40
2018-07-062,385.9930BUY 92.96
2018-07-032,388.9760SELL 93.52
2018-06-292,439.0960BUY 96.06
2018-06-192,630.3810SELL 96.64
2018-05-072,671.9720BUY 98.76
2018-04-262,688.0785SELL 99.36
2018-04-192,669.3170BUY 99.26
2018-04-122,773.3245SELL 99.86
2018-04-102,744.0875BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
CNY100⇨ 
2019-03-222,795.3910SELL 115.87
2019-03-142,729.1320BUY 113.81
2019-03-082,712.0735SELL 114.50
2019-02-222,590.4740BUY 110.03
2019-02-152,551.8750SELL 110.69
2019-01-292,440.5610BUY 106.50
2019-01-232,397.0490SELL 107.14
2019-01-112,348.9400BUY 105.62
2019-01-082,305.1710SELL 106.26
2019-01-042,300.1635BUY 106.67
2018-12-072,430.7220SELL 107.31
2018-11-282,421.1340BUY 107.53
2018-11-222,439.5240SELL 108.18
2018-11-162,461.4450BUY 109.81
2018-10-292,454.5950SELL 110.47
2018-10-192,435.1200BUY 110.26
2018-10-082,536.7800SELL 110.93
2018-09-182,444.8080BUY 107.55
2018-09-052,471.7850SELL 108.20
2018-08-212,419.1670BUY 106.54
2018-07-272,525.0920SELL 107.18
2018-07-202,436.3265BUY 104.04
2018-07-162,463.4985SELL 104.67
2018-07-062,385.9930BUY 101.99
2018-07-032,388.9760SELL 102.61
2018-06-292,439.0960BUY 105.40
2018-06-192,630.3810SELL 106.04
2018-05-072,671.9720BUY 108.37
2018-04-262,688.0785SELL 109.02
2018-04-192,669.3170BUY 108.91
2018-04-122,773.3245SELL 109.57
2018-04-102,744.0875BUY 109.07
2018-03-222,866.6700SELL 109.73
2018-03-152,886.2760BUY 111.15
2018-03-132,893.8060SELL 111.82
2018-03-062,892.4750BUY 112.44
2018-02-272,956.4600SELL 113.12
2018-02-132,842.8860BUY 109.43
2018-02-073,108.0490SELL 110.09
2018-02-013,129.5610BUY 111.52
2018-01-293,147.8610SELL 112.19
2018-01-022,876.2370BUY 103.13
2017-12-252,880.0970SELL 103.75
2017-12-192,840.7625BUY 102.95
2017-12-142,850.0460SELL 103.57
2017-12-112,874.0910BUY 105.07
2017-12-072,859.4320SELL 105.70
2017-12-052,870.0890BUY 106.73
2017-11-232,990.5560SELL 107.37
2017-11-162,864.4565BUY 103.46
2017-11-142,861.4230SELL 104.08
2017-11-032,800.4690BUY 102.48
2017-11-012,789.4020SELL 103.10
2017-09-182,674.1760BUY 99.44
2017-09-012,710.1190SELL 100.04
2017-08-152,601.3130BUY 96.60
2017-08-032,652.7850SELL 97.18
2017-07-312,638.1250BUY 97.23
2017-07-262,636.2000SELL 97.82
2017-07-062,553.8790BUY 95.34
2017-07-042,523.3160SELL 95.92
2017-06-292,552.9750BUY 97.63
2017-06-132,515.1430SELL 98.22
2017-06-072,476.5690BUY 97.30
2017-06-052,460.9030SELL 97.89
2017-05-242,407.5710BUY 96.35
2017-05-172,369.3330SELL 96.93
2017-05-112,333.7220BUY 96.05
2017-05-022,336.7920SELL 96.63
2017-04-272,351.6400BUY 97.83
2017-04-132,368.1060SELL 98.42
2017-04-052,377.3850BUY 99.40
† Trade commissions are taken as 0.60%.

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