Replies to post #10336 on The Black Box

[mjk]

It could, but looking at how the Dow dealt with it 200ema and 200 sma, and the Nas dealt with its 200ema, they each took weeks from the time they first touched them, to the time we got a meaningful close and move above them...not once did we blow right thru it. But if this is the final phase of this first leg of the bull, I'm not ruling that out...these explosions without much pause are common.

edit: if we did make it thru the 200 week, I would expect us to stop at the 50 month.