Category:MBLS

Major bull surprise. Consecutive(2+) bull bar(s) that is significantly bigger (or at least one extremely big bull bar) than the past average 20 bars. Only 30% chance of bear trend reversal. Bear trend day unlikely unless consecutive stronger bear bar(s). This means bulls will expect end of bear trend and then at least trading range.

• MBLS in SPBLT will further increase the odds of MMU. E.g. 20231120
• Does MBLS usually happen at MSR? Probably yes.

See also MBRS.