chartrader,
I am looking at a different perspective. I use GMMA to see if there is strength in the upward trend. Since beginning of the month, the short term moving averages have penetrated the long term averages. This penetration is still superficial atm and I am waiting for the short term averages to rebound for trend confirmation.
The next few day could be critical. This is only my humble opinion.
AJ
chart, page-2
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