It’s as its name implies. A Bearish Engulfing candle is a red bear candle that is outside of the previous candle’s high and low and thus engulfs it.  Day traders will see these and should prepare for a negative market reaction measured in a day or two. Longer-term position holders should consider them a blip, with the trends being far more important. The headline indexes … Continue reading US Index Bearish Engulfing Candles, Leading to… ?