Tomáš Hančar
Puell Multiple's downtrend potentially about to be broken in the coming days & weeks
Puell Multiple's technical structure suggest a potential major trend reversal is either at play already, OR at least nearing. Could be days, weeks or even a few months away, but this is the third time in its downtrend since the beginning of this bear market when it is "attacking" the red outlined downtrend. Is this "third time the charm"? Please see the chart, past two major Puell Multiple downtrends have been cleanly broken and that basically signalled/confirmed that the bottom was in. The 2018/2019 bear market bottom basically had Puell Multiple trigger the buying signal during and after the 2018's november capitulation, then in the middle of the accumulation phase the indicator's downtrend break came - is this time different?