Northpointe's 15-minute chart indicates bearish momentum with Bollinger Bands expanding downward.

In accordance with Northpointe's 15-minute chart, the Bollinger Bands are currently expanding downward, indicating a bearish Marubozu formation on October 9th at 11:00. This suggests that the market trend is being driven by sellers, who are exerting control over the market. Consequently, it is likely that bearish momentum will persist.