I have added the Weekly Cloud along with the daily cloud to the Daily chart.
Take a look in June 2018, when the Daily cloud crossed under the weekly cloud, it was the beginning of the end.
Take a look now, the daily has once again crossed under the Weekly.
The TTM squeeze also looks almost identical, which means we will see another negative momentum bump once the chart hits the weekly cloud and a large dumps follows.
Heading towards the end of the year, all shall be revealed! As a bear, I'm super excited!
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.