Not sure much is needed to be said here, it's pretty clear.
Every time the RSVVB has squeezed to these extremes it resulted in a huge move to the upside.
We are now experiencing that extreme squeeze, I wonder what comes next...
Now for the bearish side.
The Weekly MACD is printing red.
Only other times this has happened
2013 bear market
2018 bear...
It looks like we are printing a Wyckoff Distribution pattern on the 4 hour timeframe. The *4HR* indicators from mid July to current day are replicating the *Daily* indicators from January to May. Also the fractal from January to May is lining up if you making it smaller to fit the 4hr time frame. Something similar like this has happened in the past if you look...
I looked back at past parabolic peaks which led into downtrends, looked at past moving averages, bounces off of moving averages, the percentage move up and the percentage move down caused by these moving average bounces.
Which made me speculate and come to this conclusion. Every time we bounced off the moving average after a parabolic peak, it was around a 40 to...
