Take a moment to study this post ... https://bartscharts.com/2020/09/01/parabolic-moves/ there is a LOT going on but, basically, using geometry that we learned in Elementary/Middle school you will see the EXACT top on MO after a parabolic run. Now, after this amazing run, we have a 'near perfect' SELL pattern. It's ALL about balance, form and proportion. How do you balance an emotionally fueled parabolic rally? A corresponding THUMP that neutralizes the positive bullish mania. It HAS to be that way folks ... yin/yang, day/night, male/female, etc. etc. It does and will balance! For now, after the parabolic move higher and then the corresponding thump to balance the emotions we are now staring at a 'near' perfect SELL PATTERN. Got to take this one folks ...Bart
