If this December 2013 bubble behaves anything like the previous two, this is what we should expect:
- Daily MA-55 need to top out, then bottom out
- One last drop to 565
- Then we exit the bubble and head out to future prices, what ever they might be
Please see the first and second bubble charts, illustrating exactly the same behaviour:
AUG 2012: APRIL 2013:
- Daily MA-55 need to top out, then bottom out
- One last drop to 565
- Then we exit the bubble and head out to future prices, what ever they might be
Please see the first and second bubble charts, illustrating exactly the same behaviour:
AUG 2012: APRIL 2013: