Major convergence - yearly rising and monthly falling trendlines
Updated
Yearly rising trendline (Red) from August 2018 converging with monthly falling top trendline (green).
Bounced off of red yearly and now riding green monthly. I expect this to provide resistance heading back toward 1450s.
Bounced off of red yearly and now riding green monthly. I expect this to provide resistance heading back toward 1450s.
Note
We've followed along the green resistance line for several days toward 1450s as expected.
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