Bearish Engulfing is a Top 10 Candlestick Pattern

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SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

Chart Patterns Bearish Patterns Engulfing Candle

chartpattern bearish engulfingcandle

Expect a move down over the next 10 days. Average move is approximately 5%.

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A break below 365 could trigger a strong downward move.

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