HDG, I think FFS formed a market opinion based on his trading experience and then used his TA knowledge to explain and support his opinion. I think that's the wrong way to use TA in market forecasting. We all know the end result.
I have a serious request for you. Do you remember/record the placebo arm event rate of recent (last 10 years) CVOTs such as ACCORD, AIM-HIGH, PARADIGM-HF., SPRINT, JUPITER, ASCEND, VITAL, PLATO, COMPASS, ACCELERATE, various CETP and PCSK9 trials, etc. Perhaps you only have info on a few of these trials but please post them as a sticky post up top. I hope AVII has additional data and update the sticky post accordingly. TIA.