Review of the Log MACD on Various Time-Frames

A Major Momentum Indicator

Dear Readers,

And there was the correction to 112k that I was looking for as based on a 38% real correction of the recent move and price coming back to a significant resistance come support level. Can price go a little lower? Sure, but at around these levels it’s reasonable to think support is there for another move up as will be seen by the technicals b…