Historically equilibrium model works for markets.
Bulls spended more time above green line (picture). Market needs to equalize it because volatiliy is high.
More time is needed for bears to navigate under green average lines
Bulls spended more time above green line (picture). Market needs to equalize it because volatiliy is high.
More time is needed for bears to navigate under green average lines
Trade active
Overloeded still...Trade active
Oscillations in favor of bears, still..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.