Purely coincidental trajectory line of 19 degree peaks, based on previous sharp rises of 77 degrees and dips of 19 degrees. Only based on two distinct S curves, if these S curves were to continue at the same rate and magnitude, you end up with a steady 19 degree increase into 2018 and beyond. It means the latest sharp rise may not have bucked this 19 degree trend, and the 19 degree line may well continue.
Adjust the price axis on the right for the peaks to line up correctly with each other.
Adjust the price axis on the right for the peaks to line up correctly with each other.
Comment:
B point reached. Back on track with the 19 degrees, potentially.