Taking a look at this chart you will see that this broke above the longterm trend line now its back below. Interesting is that most of the time that this hits or goes above the trend line we usually see a big correction in the market. This is not trading advise this is just purely for entertainment purposes. I also put 200 week moving average here you can see that we have not been below that average in a long time. The covid tested that line and for the fun of it this might test that line or just cut through it like butter. All moments welcome.
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