Friday, June 15, 2018 11:08:30 AM
The 50 & 200 day SMA gap had been slowly narrowing for months, with both declining, but the higher 200-day SMA declining slightly more rapidly, on average.
The 200-day SMA has been almost flat since about 1June, but the 50-day SMA began to increase about 1June, and the major activity of 4June has magnified the increase.
If the 2 paths continue on the trend since 1June, they should form a Golden Cross in about a month.
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