$NVDA - Bearish Candle Above the Bollinger Band
Bearish Candle Above the Bollinger Band
Is this a black occurrence or a green occurrence?
Oscillator is curling down in overbought zone.
$131 has to support price, or $128 if you want to provide oxygen. If broken, $121 will be imminent.
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2. $iShares Russell 2000 ETF(IWM)$
The Sequence has been: 1) Bearish Candle at the Bollinger Band, 2) Followed by MACD crossover, 3) Price bounces at the lower Bollinger Band.
Will this time be different? The candle today is not precisely bullish.
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3. $Cboe Volatility Index(VIX)$
Sometimes the pullback comes the day after the FED.
The VIX is open to that possibility.
And Economic indicators are raising big red flags🚩, not an opinion, it is what the charts are saying.
💚Like and repost for more references of a significant bearish reversal upcoming.
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