Bearish Engulfing Pattern Signals Possible Volatility Ahead
As the month of August comes to a close, it’s important for traders and investors to analyze what’s happening across the market from a higher timeframe perspective. DAS Trader Pro offers traders the ability to review monthly charts for a larger view of the market. In this month’s newsletter, we discuss a possible Bearish Engulfing pattern that’s forming and what this may signal for volatility in the fall and with AI and tech stocks still leading the way, any movement down could signal a major move across the board.
FREE 15-Minute Coaching Session with Our DAS Mentor
As the summer comes to a close and many return back to school, now is the best time to take your trading to the next level. Fall is a great time to trade and as we discussed in our newsletter above, we are in for some potential volatility this fall. We are offering a free 15-minute coaching session with our in-house trading expert, Michael DiGioia. Mike will speak with you to learn about your trading style and strategy and then offer advice on what your next steps should be to take your trading to the next level. If you wish to book a free session with Mike, please click here and follow the checkout process. He will then reach out to you with a day and time for your session.
What’s New from DAS
On August 11th, we released production version 188.8.131.52 for download to all users. This version includes both 32-bit and 64-bit installers. There was an extensive list of new features as well as bug fixes and hotkey improvements in this release. We recommend that you review the release notes here. Below is a short list of some of the new features that were added:
-Crosshair sync feature across all charts
-Ability to anchor VWAP to any price
-Additional scaling options for high resolution monitors (64-bit version only)
During the month of August, we released Beta version 184.108.40.206. This beta version includes both a 32-bit and 64-bit version of the software. There are several additional improvements, so click here to read the release notes and download beta version 220.127.116.11.
Watch our Streams on YouTube
View our most recent DAS Trader Newsroom here. Be sure to subscribe to our YouTube channel for educational and trading related videos, as well as all things DAS. Finally, don’t forget to follow us on all major social media platforms by following @dastrader.