Long term, everything still looks intact, but short term, not totally clear for me. daily here, weekly next.
here's the daily: we're in the best shape when all those ma's are bunched up nicely. (mathematically, that basically means we're consolidated. try to look at all those ma's as just one beast that expands and contracts.)
so in light of the ma's, imo looks like we still need to wait for the 50 to catch up some more. it moved about 5 cents the last two weeks. so if it keeps the same pace, then in another 2 weeks and it should be about 1.95ish and then i think/assume the pps will run away from it again.
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