This chart partially lifted from Bvine
Bvine
And modified by me. There is that 2 bottom divergence, but it is so far outside the box, I don't know what it means, if it is still valid.
The 20DMA, a favorite of mine lately, seems to show WHEN NOT TO BE A BEAR. But it is not currently saying this is the time to be a bullish-it type.
I was going to get that Stock Charts membership, based on getting 10 whole clicks on sponsers, but did not get there. Stockcharts sure lets you overlay many types of charts, which TOS is fairly poor at.
I would like to try this same chart but with some different DMA's, more to come on that.
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Insightful and Useful Comment!