Bullish engulfing in Financials

I’d like to use only a little of all technical indicators that exist out there.

  • One I trust is the Bullish Engulfing pattern. I find it quite reliable
  • A look at the Financials Select Sector ETF (XLF) shows the pattern.
  • XLF also bounced well on the support of the previous high
  • Citigroup (C) shows the same Bullish Engulfing Pattern

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