Possible pattern forming, would allow short leverage to wash out and bore traders to death before the drop. Could lead to a nice gain over the next month and a nice spot to re-set up shorts.
Following VWMA on 6 hr time-trame, the bearish structure follows the George Lindsay 3 Peaks & Domed House.
While this is not a daily chart, the framing is strikingly similar.
Serious divergence in overall market, resulting in likely major macro-economic correction impacting all markets in 2022.
Macro factors likely driving plunge further past long-term center...
