Title
by Americanbulls.com LLC
Last Update
16.09.2019
ETLX.DE
ETFX DAX GOLD ETF
Last Signal: SHORT
Last Pattern: BEARISH STOP LOSS
Last Close:
24.9450
Change:
+0.4650
Percent change
+1.90%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the prices crossed below the Stop Loss level which was at 24.9650, and our valid average selling price stands now at 24.9450. The previous BUY signal was issued on 11.09.2019, 5 days ago, when the stock price was 25.3360. Since then ETLX.DE has fallen by -1.54%.
Market Outlook
The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Date 
Price 
Signal 
 
€100⇨ 
16.09.201924.9450SHORT 131.81
11.09.201925.3360BUY 134.28
05.09.201927.5350SELL 134.48
21.08.201925.8550BUY 126.46
13.08.201925.9615SELL 126.65
02.08.201924.9400BUY 121.85
26.07.201924.5500SELL 122.03
15.05.201918.7140BUY 93.16
03.04.201919.7760SELL 93.30
25.03.201920.2130BUY 95.50
20.03.201919.4230SHORT 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
16.09.201924.9450SHORT 154.24
11.09.201925.3360BUY 157.13
05.09.201927.5350SELL 157.37
21.08.201925.8550BUY 147.99
13.08.201925.9615SELL 148.21
02.08.201924.9400BUY 142.59
26.07.201924.5500SELL 142.80
15.05.201918.7140BUY 109.02
03.04.201919.7760SELL 109.18
25.03.201920.2130BUY 111.76
20.03.201919.4230SHORT 116.85
08.03.201919.5280BUY 117.83
25.02.201920.3550SELL 118.01
18.02.201920.0750BUY 116.56
07.02.201919.5980SELL 116.74
23.01.201918.4060BUY 109.80
21.12.201818.0360SELL 109.96
06.12.201817.3320BUY 105.83
23.11.201816.9880SELL 105.99
16.11.201817.1080BUY 106.90
25.10.201817.2920SELL 107.06
11.10.201816.1030BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
16.09.201924.9450SHORT 166.47
11.09.201925.3360BUY 169.59
05.09.201927.5350SELL 169.84
21.08.201925.8550BUY 159.72
13.08.201925.9615SELL 159.96
02.08.201924.9400BUY 153.90
26.07.201924.5500SELL 154.13
15.05.201918.7140BUY 117.67
03.04.201919.7760SELL 117.85
25.03.201920.2130BUY 120.64
20.03.201919.4230SHORT 126.13
08.03.201919.5280BUY 127.19
25.02.201920.3550SELL 127.38
18.02.201920.0750BUY 125.82
07.02.201919.5980SELL 126.01
23.01.201918.4060BUY 118.52
21.12.201818.0360SELL 118.70
06.12.201817.3320BUY 114.24
23.11.201816.9880SELL 114.41
16.11.201817.1080BUY 115.39
25.10.201817.2920SELL 115.56
11.10.201816.1030BUY 107.78
05.09.201815.2330SHORT 114.65
27.08.201816.0580BUY 121.22
01.08.201817.7020SHORT 111.25
26.07.201818.0280BUY 113.64
06.07.201818.8150SELL 113.81
27.06.201818.4060BUY 111.50
31.05.201818.7340SELL 111.67
04.05.201818.6760BUY 111.49
30.04.201818.2580SELL 111.66
26.04.201818.3870BUY 112.62
20.04.201818.3360SELL 112.79
05.04.201817.6280BUY 108.60
27.03.201817.6840SHORT 108.58
21.03.201817.6100BUY 108.45
15.03.201817.4120SHORT 110.03
09.03.201817.5700BUY 111.36
16.02.201818.4520SHORT 106.60
14.02.201817.9930BUY 104.26
02.02.201819.0100SHORT 99.26
31.01.201819.1780BUY 100.44
18.01.201819.6240SELL 100.59
08.12.201718.2800BUY 93.84
30.11.201718.7000SELL 93.98
21.11.201719.1600BUY 96.44
10.11.201719.2600SHORT 96.23
27.10.201719.1000BUY 95.72
25.10.201719.0100SHORT 96.46
19.10.201719.6200BUY 99.85
† Trade commissions are taken as 0.15%.

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