OK, indeed a Bearish Engulfing means up big the next day, now it’s the time for the other half of the Bearish Engulfing routine – either a big down day tomorrow or does so after a few days small range bar consolidation. Personally I have no confidence about big down day tomorrow, but I still expect a down week this week.
PS. I accidently posted 3 copies of 03/19 Market Recap, so I have to delete 2 of them. This will also remove some comments made after the post, please forgive me if you see your comments were removed. Thanks.