Scilex Holding's 15min chart triggers Bollinger Bands Expanding Downward, Bearish Marubozu signal.

Scilex Holding's 15-minute chart has triggered a downward expansion of the Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern on February 5, 2023, at 3:30 PM. This suggests that the current market trend is being driven by a strong selling pressure, indicating that sellers are in control of the market. Furthermore, the bearish momentum is likely to persist, as the bearish Marubozu pattern signifies a strong bearish sentiment.