The 5EMA is very interesting. It’s extremely convincing that it MUST revert. There are no exceptions other than when we have had crashes. Just one more indicator which we can pile up onto the list!
Let me know if you enjoy the multi-angle perspective I give here. All aspects covered.
What goes up, must come down. The bigger they are, the harder they fall. Everything must revert to the mean. Use whatever cliche you want, it really doesn’t matter.
Yearly Charts – NorthmanTrader