In this video I’m going to start off with some long-term charts. This is a weekly chart and you can see price got stretched way too far above the 200 week moving average. We had a correction back down to it, but a stretch this extreme to the upside, it’s going to need to do one of two things: it needs to go a proportional distance below, so it needs to sling shot below it or it’s going to have to go sideways for a long time to work that off…
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