The Engulf War

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Monday was one strange day in the market. The three words that describe it best are: Bearish Engulfing Pattern. That is, the candlestick whose body completely consumes the prior day’s body. And here we go:

slopechart DIA
slopechart HYG
slopechart IWM
slopechart IYT
slopechart MDY
slopechart QQQ
slopechart SPY