de ja vu, page-120

Although it has been broken a few times, and when it did it was sometimes lengthy, 200 week ma has been important.

Allowing for a few points, it was the 1987 low the 1988 low the 1989 low the 1997 low and the 1998 low.

This week it is around 4987 on XJO but will shrink a little as prices approach.

I do see 4750/70 as a serious target but there are plenty of resistance points around 5000.