Historically, a significant "spike/plunge" down on the weekly RCDI (Relative Candle Directionality Index) had consistently indicated that the bottom is/was in (in the past two cycles). Time will tell if this is valid for this cycle, while the world anticipates a severe global recession, if not depression.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.