Let’s Talk Negative Intraday Reversals and Bearish Engulfing Patterns

 

Let’s Talk Negative Intraday Reversals and Bearish Engulfing Patterns

The detrended Rydex Ratio (contrary indicator) remains neutral at -0.22 as is the percentage of S&P 500 stocks trading above their 50-day moving averages at 32.9. Tuesday’s AAII Bear/Bull Ratio …

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