May Chart, page-12227

Thanks Vince.

I know nothing about charts but since the middle of last year it’s interesting to me how relatively flat the 200 ema has been held. Kind of like the rope in this tug of war between two very equally balanced, but unconvinced, sides of price action where neither can muster enough grunt to take control.

I see that even pockets of 2 to 5 months spent above or below the 200 still doesn’t really change it without meaningful price action. Really there needs to be a huge breakout, or 6-12 months of continuous trading in a particular direction, to break a flatline.

I hope this time we’re about to see some real action, I want to see that 200 launch upwards!