The selling climax example from the 2020 SPY crash is a great reminder that panic often marks the end, not the beginning, of a downtrend. Those huge volume spikes combined with long lower wicks typically show that fear has peaked and stronger hands are stepping in. It’s one of the few times extreme volatility can actually signal opportunity rather than danger.
Overall, these two patterns complement each other well—one warns early, the other confirms late. I find both useful when evaluating trend strength and spotting potential reversal points.
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- icycrystal·2025-12-09TOPthanks for sharing1Report