Let's draw some lines
Taking a look at the 1/1 and 4/1 Gann lines (dashed)... If we use the slopes of these lines to draw trendlines from inflection points we start to get some predictors of relative greed and "value".
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Disclaimer
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.