On the weekly chart, the index has formed a Bearish candle which engulfed its previous week’s move, forming a “Bearish Engulfing” candlestick formation, indicating a bearish reversal.
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On the weekly chart, the index has formed a Bearish candle which engulfed its previous week’s move, forming a “Bearish Engulfing” candlestick formation, indicating a bearish reversal.
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