Lower highs and lower lows

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Simply no trend reversal in sight yet.
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The recovery from 11k was limited by the upper Bollinger band again 200 periods in the 5 minute chart. Bollinger band should now become narrow again and from the breakout of that upcoming compression we can see if the trend changes. This allows us to buy back in with trailing stop loss and see if the current pullback was the full correction or the first part of a ABC correction.
Trend Analysis

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