Just liked the way the 2016 year was matching up so far, thought to overlay it on top of this year and see what happens.
EMA lines for 2016 are 128 and 200 ; currently in-line with 300 & 400 EMA
EMA lines for 2016 are 128 and 200 ; currently in-line with 300 & 400 EMA
Comment:
edit to previous comment: second peak* for end of Feb in 2016 did *not* have a higher high.
I drew the pink line by hand as a "best fit" moving average line. my bad for inaccuracies.
I drew the pink line by hand as a "best fit" moving average line. my bad for inaccuracies.
Comment:
If its following this trend still, we should bounce from here.
looking pretty good still. totally called the drop being a week late.
looking pretty good still. totally called the drop being a week late.
Will we get a matching higher second peek, before the dip to EMA line?
Will the downtrend start a week later, just like the January trend?