Herewith a comparison from the 2015 despair situation and the current one.
Bumping on the 200 week MA, troubles with the 50 day MA and EMA.
Horizontal pivot point lines in black.
Diagonal log lines on weekly closing candle points.
But this time.. It will be different... ;)
Bumping on the 200 week MA, troubles with the 50 day MA and EMA.
Horizontal pivot point lines in black.
Diagonal log lines on weekly closing candle points.
But this time.. It will be different... ;)
Note
Weekly overview chart<deleted>
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.