Bollinger band has been ‘tightening’. Some TAs may believe this...

Bollinger band has been ‘tightening’. Some TAs may believe this signals an imminent sharp movement (either up or down)

But price stagnation has been occuring for several months. And volumes progressively eroding. I don’t know if we’ll see a sudden change. Conditions don’t seem present imo

I thought the QR might trigger a bigger sell-off, so I suppose one can take comfort in the fact LT price support remains intact for the moment. A rut (even a deep one) is preferable to a precipice