Engulfing Pattern Spells Doom For Market
June 29th 2010 18:55
Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market.
In Adam Hewison's new video on negative engulfing lines, he explains what this line is and how it can play out in the short and longer-term time frames.
As always the videos are free to watch and there is no need for registration. I would really like to get your feedback on this powerful formation and what you see for the markets ahead.
Watch for the free offer of an Japanese candlestick eBook.
All the best,
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