Hard to say but what I can say with certainty, as per today’s video, the bounce over the past 4 trading sessions is right inline with those previous counter-trend bounces, in both percentage terms as well as Fibonacci retracements, as those initial counter-trend rallies after the first legs down in Feb 2020 & Q4 2018.

As such, today’s high were a likely end-point for the rally, assuming that the drop over the past couple of months was only the first leg down in a larger correction or bear market.

Y.W. I’m a big proponent of always experimenting with new tools in your technical analysis & incorporating that that seem to work/mesh well with your TA style and discard those that don’t. It’s best to use a handful of indicators that work well & get to know them like the back of your hand. On the flip side, don’t try to use too many indicators at once or it’ll be like trying to hold water in your hands… too much will slip thru & you’ll miss a lot trying to decipher what all the indicators are saying.