Prices have risen at an unsustainable rate and the recent February dip marked a key top level. I believe this week's breakout is a false breakout and more volatility
will ensue. The false breakout is justified by the goldilocks job report (low unemployment, low inflation
), but investors are forgetting how far prices have extended beyond their means recently and the February volatility
should serve as a warning that a correction is very likely in the near term.
Moving average lines time periods: 13, 55, 233, 377