It looks like the recent up move may be over (or nearly over) and we are preparing for a large move as indicated by tightening of the bollinger bands
– double top acheived
– low PTI wave 5 in advanced get – probable double top
– close to end of recent short-term price momentum T structure
– vix at lower bollinger band indicating complacency and cheap put options
Keeping an open mind – wait to see if we get a signal from CCI etc.
