You are right Volt, it is definately not perfect, and 'twould seem after further review on several 5 min charts last night that is best defined as
"At Least the same distance as the previous extreme" though saying that I will probably find a bunch of examples now where it is just a little less, lol.
Thankyou for confirming something I have wondered about. And that being said... 'Twould seem on the Daily, once the MACD MAvs are strongly above the zero line, we may well have some concerted upside to go.
;)
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