Bullish And Bearish Reversals, October 12, 2015

www.investing.com/analysis/bullish---bearish-reversals-10.12.15-267919

By Guy S. Ortmann, CMT | Oct 13, 2015 02:40AM ET

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Below is a list of names for those charts we feel are showing technical characteristics of either bullish or bearish reversal patterns that occurred during the past week. Bullish reversals imply institutional accumulation and the potential for higher prices. Bearish reversals imply institutional distribution and the potential for lower prices. Each group is listed by sector affiliation. Please feel free to contact the author for further details. (* denotes author has a position in the name)

Bullish Reversals:

Basic Materials: N:AA, N:ALB, N:BBL, N:BHP, N:BVN, N:FCX*, O:MEOH, N:NEM, O:PAAS, N:PPG, N:SBGL, N:SLW, N:TCK, N:TROX, N:TS

Consumer Cyclical: N:BWA, N:COH, N:JMEI, N:KATE, N:LL, N:OI, N:TGNA, N:TTM, O:WEN

Consumer Defensive: N:BG, O:SFM

Energy: N:APA, N:BHI, N:CNQ, N:CPG, N:DVN, N:ECA, N:ENB, N:EOG, N:HES, N:KMI, N:NBL, N:NBR, N:OII, N:OIS, N:PBR, N:RIG, N:SE, N:SN, N:SPN, N:STO, N:TOT, N:TRP, N:UNT, N:XOM

Financial Services: N:BNS, N:MFC, N:TD

Industrial: N:ADT, N:DOV, N:EMR, N:FLR, N:FLS, N:NSC

Technology: N:ATHM, (N:IBM), O:NTAP, O:QLGC, O:SINA, O:TXN, N:VSH, N:WUBA

Bearish Reversals:

Consumer Cyclical: N:DRI, N:SKX

Consumer Defensive: BN:BURL*

Financial Services: O:CME

Healthcare: N:AET, O:DXCM, O:HOLX, N:MOH

Technology: O:INFN

Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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Central Banks

Interest Rates

Next Meeting

FED

1.75%

Jul 27, 2022

ECB

0.00%

Jul 21, 2022

BOE

1.25%

Aug 04, 2022

SNB

-0.25%

Sep 22, 2022

RBA

1.35%

Aug 02, 2022

BOC

1.50%

Jul 13, 2022

RBNZ

2.00%

Jul 13, 2022

BOJ

-0.10%

Jul 21, 2022

CBR

9.50%

Jul 22, 2022

RBI

4.90%

Aug 04, 2022

PBOC

3.70%

BCB

13.25%

Aug 03, 2022

US 30	31,209.2	+171.5	+0.55%
US 500	3,878.8	+33.7	+0.88%
Dow Jones	31,203.70	+166.02	+0.53%
S&P 500	3,878.25	+33.17	+0.86%
Nasdaq	11,513.79	+151.94	+1.34%
S&P 500 VIX	26.22	-0.51	-1.91%
Dollar Index	106.790	-0.108	-0.10%

Crude Oil WTI	103.27	+4.74	+4.81%
Brent Oil	104.86	+4.17	+4.14%
Natural Gas	5.783	+0.273	+4.95%
Gold	1,745.80	+9.30	+0.54%
Silver	19.367	+0.208	+1.09%
Copper	3.5540	+0.1460	+4.28%
US Soybeans	1,493.38	+47.38	+3.28%

SPDR S&P 500	386.51	+3.26	+0.85%
iShares Russell 2000	174.87	+3.32	+1.94%
Invesco QQQ Trust	292.15	+3.35	+1.16%
Direxion Daily Junior Gold Miners Bull 2X Shares	32.67	+2.18	+7.17%
iShares Silver	17.93	+0.24	+1.36%
ProShares Ultra VIX Short-Term Futures	13.43	-0.22	-1.65%
ProShares UltraPro QQQ	27.04	+0.90	+3.43%

Apple	145.23	+2.31	+1.62%
Alphabet A	2,320.86	+29.42	+1.28%
Tesla	719.24	+24.04	+3.46%
Amazon.com	114.11	-0.21	-0.19%
Netflix	185.98	+1.92	+1.05%
Meta Platforms	168.82	-0.95	-0.56%
Bank of America	31.62	+0.64	+2.08%

Bullish And Bearish Reversals, October 12, 2015

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