RBC hyper parabolic into resistance and rejected away.

8 באוק׳ 2021

If you do a study of market tops, you'll find the most frequent topping pattern is a false crash followed by a parabolic rally terminating somewhere in the area of the 161. We might have the start of this on RBC. If we have, we might be in the very early stages of starting to develop a downtrend.

See linked posts for more sketchy bank setups.