The Dark Cloud Cover is a bearish two-candlestick reversal pattern that forms after an uptrend: a long bullish candle is followed by a bearish candle that opens above the previous high and closes below the midpoint of the first candle's body. It shows that buyers lost control after a strong open, and the deeper the second candle closes into the first body, the stronger the warning of a top.
Data as of Nov 11, 2026, 3:52 PM EST, updated intraday
Candlestick Basics
Are you candlestick-literate? The widely used candlestick chart is easy to read but also contains some less obvious but valuable
clues about momentum and reversal.
Candlesticks, Japanese - Technical Analysis from A to Z
In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularizing candlestick charting and has become recognized as the leading expert on their interpretation. I have met investors attracted to candlestick charts by their mystique - maybe they are the "long-forgotten Asian secret" to investment analysis.
Candlestick Basics
Candlesticks, Japanese - Technical Analysis from A to Z