Almost identical fractals.. check the 100 MA and 20 MA cross on the 1st of Feb 2016 and it happend again today !! lets see which direction the market will decide !!
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a bearish comparison while the market yet to decide..june 2013 enough to get paranoid !!
I like the reference and the draw up. but the huge key difference in these times is in 2016, we pushed off a 200 MA average in october 5 months earlier. We dont even see a 200 ma test until march of last year 2017. even with all this new money involved. we are going to call for that area, because of so much professional money in the space, and the fact they can now profit from a short going there! happy trading! Wait for the emotional extreme low. thats when you know you can long back to 16k and onward!