Intuition
If that 911 pattern persists then we have one last attempted bounce and then a sharp decline.
Laundry's small T has expired and another small T expires bu the end of the week and so a sharper decline should follow before another move higher.
As for my mystery indicator that I haven't revealed, it really is just a basic ma but in Wilder mode.
If you translate it to something more common then it is close to a 53/54 ema on daily.
So nothing magical and I wait for 2 closes above or below. It is something I have used for near on 30 years but is not the be all of TA. Just a safeguard against disaster and even then it may not work.
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