There are many ways to analyze this metric.
You are doing it in the most straightforward way.
Did number go up or down during the 2-week time frame?
It gets much more tricky when you start coming at it from other angles.
For example: what's the chance the market dumps near a full moon and spikes near a new moon?
If the dump or spike that was expected hasn't happened yet, it seems to become even more likely in the days to come.
What I'm trying to say is that this is all much better for day-traders then people trying to ride the full 2-week swing cycle.
I'm expecting a dump back down to $19k within the next couple days.
I mean hopefully $20k holds but we never actually hard bounced off of $19k.
good points and seems like the dump was correct