I touched on the TRIN already here...
![[SPX] TRIN Analysis... Expanding Upchannel to Panic Selloff](https://s3.tradingview.com/p/PR56jBSy_mid.png)
Wanted to take another angle.
Since the bounce, it has followed almost exactly to a megaphone pattern.
Those horizontal red and green lines are the indicator default, above red is SELL below green is BUY and in between in HOLD.
This is leaning very heavily into SELL and consistently holding PANIC SELL levels (>2).
We'll likely see another two red volume bars at least on Mon and Tues and see it flip back to panic sell before settling back under the red line around the green line while crashing down next few weeks.
Wanted to take another angle.
Since the bounce, it has followed almost exactly to a megaphone pattern.
Those horizontal red and green lines are the indicator default, above red is SELL below green is BUY and in between in HOLD.
This is leaning very heavily into SELL and consistently holding PANIC SELL levels (>2).
We'll likely see another two red volume bars at least on Mon and Tues and see it flip back to panic sell before settling back under the red line around the green line while crashing down next few weeks.
Data analyst with a passion for best fit lines... B)
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Data analyst with a passion for best fit lines... B)
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。