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	Comments on: Bullish Engulfing Candlesticks: Bottom or Backtest?	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Fri, 14 Oct 2022 17:00:11 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/bullish-engulfing-candlesticks-bottom-or-backtest/#comment-25146</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 14 Oct 2022 17:00:11 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/bullish-engulfing-candlesticks-bottom-or-backtest/#comment-25145&quot;&gt;trade0039&lt;/a&gt;.

Nah, not really. Stock market remains solidly entrenched in a &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; &#038; just put in a new bear market/52-week low yesterday. The most powerful rallies typically come during bear markets so try not to read too much into any one-day gain, no matter how &quot;bullish&quot; it might feel at the time (or painful, if short). Given, additional green days following a big up day like yesterday has the potential to firm up the case for a more lasting rally or even a bottom but as of now, yesterday was only one green blip in a sea of mostly red candles.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/bullish-engulfing-candlesticks-bottom-or-backtest/#comment-25145">trade0039</a>.</p>
<p>Nah, not really. Stock market remains solidly entrenched in a <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> &amp; just put in a new bear market/52-week low yesterday. The most powerful rallies typically come during bear markets so try not to read too much into any one-day gain, no matter how &#8220;bullish&#8221; it might feel at the time (or painful, if short). Given, additional green days following a big up day like yesterday has the potential to firm up the case for a more lasting rally or even a bottom but as of now, yesterday was only one green blip in a sea of mostly red candles.</p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/bullish-engulfing-candlesticks-bottom-or-backtest/#comment-25145</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Fri, 14 Oct 2022 13:18:36 +0000</pubDate>
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					<description><![CDATA[This is CRAZY.... Market keeps going up despite elevated inflation and TONS and TONS of other problems across the globe.  This is CRAZY!!!]]></description>
			<content:encoded><![CDATA[<p>This is CRAZY&#8230;. Market keeps going up despite elevated inflation and TONS and TONS of other problems across the globe.  This is CRAZY!!!</p>
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		<item>
		<title>
		By: bunyz06rabbitt		</title>
		<link>https://rightsideofthechart.com/bullish-engulfing-candlesticks-bottom-or-backtest/#comment-25144</link>

		<dc:creator><![CDATA[bunyz06rabbitt]]></dc:creator>
		<pubDate>Fri, 14 Oct 2022 08:28:06 +0000</pubDate>
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					<description><![CDATA[I need Gold to the moon and the dollar to crash.]]></description>
			<content:encoded><![CDATA[<p>I need Gold to the moon and the dollar to crash.</p>
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