S&P 500
Short

Old School Bearish Engulfing!

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Education: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle.
Do not ignore the BEAR in the market!
Uwaga
keep inverse ETFs on your watch list!
Uwaga
The first support level has been touched and S&P 500 closed below May 4th which make it more scary!
Uwaga
Lost the 1st Support level
Bearish PatternsDouble Top or BottomEngulfing CandleTrend Analysis

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