Volt,
Interesting observation re upper dynamic bands on xjo - haven't put them in for some time as currently not trading it but last night did have similar thoughts with DAX & FTSE as weekly & upper were very close to opening price (SPX is similar too).
Shorting the weekly turned out ok but manage with tight $$ stops.
5 day uppers have moved up (above weekly) now but weekly obviously same.
I was thinking some kind of consolidation into a channel formation (only guessing).
Whatever...lol
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