I've noticed a little trend which looks like it's fast approaching, however the volume is not there yet. Watch for volume newbies. like 40, 60 80 million etc.
Appears every time the 20dayMA moves above the 50dayMA and with the vol spike coupled with the MACD in positive and with great RSI it appears that the SP doubles.
So I'm theorising that we could see 4.0 - 4.4 soon if the volume spikes with the same trend we have entered recently dyor.
Anyone else see it???
Or is my NY hangover lingering....
Thankyou.
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