American Strategic: Bollinger Bands Expand Downward, Bearish Marubozu on 15min Chart

American Strategic's 15-minute chart has recently exhibited a notable trend, as indicated by the Bollinger Bands Expanding Downward and the Bearish Marubozu formation at 10:30 on October 6, 2022. This suggests that the market is currently being driven by selling pressure, with sellers maintaining control of the market. As a result, there is a strong likelihood of continued bearish momentum in the near term.