DJIA - bearish engulfing?


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DJIA = 12,207.17 (-1.38%)

DJIA formed a black candle with higher high and lower low. Volume increasing.

DJIA seems to have formed a reversal candlestick pattern: a bearish engulfing. It will be confirmed if DJIA continues to form lower lows.

Looks like there is resistance at the 12,600 level.

Careful traders...
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