I don't think it has been that long.... At least in relative terms... Here is a picture comparing the current consolidation period compared to the previous one.... As of right now, it's been just about as long as it has been last time AMFE went through this, and if you look, we are hitting our MA(50) line (today was the first day we actually touched it)... It is expected that after this happens, within a week or 2 we'd bounce off of it on wards and upwards... The week or 2 is my guess, but if you look at previous times we've touched the MA(50) line, we bounce off, but sometimes we do sink slightly below it and when considering the bottom of the graph where it shows the days, how long we actually spent on or at, even below the MA(50) line, it isn't necessarily as instantaneous as it first appears... It can take time, but it shouldn't be too long... That's where I get a week or 2....
And note.... Just because it happened that way before, doesn't mean that is the exact way it happens this time... This is historical pattern analysis.... Nothing says it has to do it all the same way, it's just the pattern and thus the prediction based off it...
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