Jun. 23 at 4:57 PM
$CTRM The Bearish Pivot Reversal Printed today at
$2.05. I have been tracking the Bearish Pivot timeline since 01/17/2024 and this is the 15 th Bearish Pivot Since that date. The last 14 Pivots have lasted for 354 trading sessions, meaning each session on average lasts 25.29 trading days. If this Bearish Pivot lasts for 25 days, do you thing the SP will remain above
$2.00, what about
$1.50?
Look at all of those Long Upper Wicks that I have been talking about for days. They are a very Bearish indicator because they show heavy selling along
$2.25 to
$2.30 range.
The Bollinger Bands lay top
$2.37, Middle
$2.10 and bottom
$1.84 with the current SP below the EMA. With Lower Lows forming I remain Bearish.
