Ruh-Roh Time For Stock Market Bulls? Keep An Eye On These Bearish Reversals!

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by Kimble Charting

Is it Ruh-Roh Time for stock market bulls? Possible!!!

Stock market bulls might have received a very concerning message last week from numerous indices!

This 4-pack reflects that each popular index created a sizeable bearish reversal pattern at respective Fibonacci retracement levels last week.

Keep this in mind; one week does not make a trend. More time is needed to see if important counter-trend highs took place last week.

Also, keep this in mind, bearish reversals at Fibonacci retracement levels are not something that stock bulls want to see take place, during counter-trend rallies!

 

 

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