Bollinger Bands Expanding Downward, Bearish Marubozu on Riley Exploration's 15min Chart

Based on Riley Exploration's 15-minute chart, the Bollinger Bands are currently expanding downward, indicating a bearish trend. The recent Bearish Marubozu formation at 10/28/2022 09:45 further reinforces this notion. As such, it appears that sellers are currently driving the market trend, and bearish momentum is likely to persist.