A breakout above the one - month downtrend line will trigger
a new bullish signal, and the LTC / USD pair could then accelerate its advance.
Not exact matches
Bullish divergence that is interpreted as a buy
signal occurs when price makes a
new low, but the RSI value does not.
Why a
new Deutsche Bank CEO isn't a buy
signal for the stock Turnaround requires stabilization of bank's top line: analystDeutsche Bank has moved to change leaders, but it could still be too soon to turn
bullish on the beleaguered German bank's shares.
He sent me an email on Thursday in which he said even with the five horsemen (FANGs + AAPL) and the SPX and Dow up today (and the SPX setting a
new all - time high), the
bullish percent index (BPI) of the NYSE is negative which means there are more stocks generating a point and figure sell
signal than a buy
signal.
Additionally,
new orders for U.S. factory goods posted a record gain in July and auto sales last month accelerated to their highest level in 8-1/2 years, offering further
bullish signals for the economy.
Howbeit, the pattern is triggered in the form of a diamond top (bearish
signal) and diamond bottom (
bullish signal), and usually typifies a period of congestion before a
new trend emerges in the market.
Built using a mixed series of weighted and non-weighted sentiment data, the Thovallo Sentiment Model is proven to generate highly reliable longer term market turn
signals (
bullish or bearish) that indicate the onset of a
new trend and the end of the previous trend with its main application to the price trends of the S&P 500 Index.