@cvxvv
Technical indicators that suggest a market pullback may be imminent include:
Relative Strength Index (RSI): An RSI above 70 indicates overbought conditions, signaling a potential reversal or pullback.
Moving Averages: A short-term moving average crossing below a long-term moving average (death cross) can indicate weakening momentum.
Bollinger Bands: If the price moves outside the upper band, it may suggest overextension and the potential for a pullback.
MACD: A negative divergence between the price and MACD can indicate weakening bullish momentum, signaling a potential reversal.
Volume Analysis: A decrease in volume during uptrends suggests weakening buying pressure, increasing the chances of a correction.
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