No surprise here! Same thing we have been seeing over the last week or so! Bulls gain some momentum, break the 12MA and get SHUTDOWN when attempting the break the 26MA.
Although the longer this goes on, the tighter the difference between the two will have to become and that's when we need the bulls to strike!
Pay attention to these trend lines! The bears and bulls have both been using them and it's important to know who is using which as support/resistance and more IMPERATIVE you are looking at the right time frame!!
If you can identify these trends, you can STILL make money... even in a bear market like this!
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