"Lets just compare 2017 to 2018 with the SP500." Here is Jan 4, 2017 to Aug 9, 2017 (7 months, 9 days, the same length of time that has gone by in 2018 so far). Steady smooth uptrend. 50 day moving average supports almost all pullbacks. From the end of January to August 9, a gain of roughly +10%. [SP500, Jan 4, 2017 to Aug 9, 2017, daily candles, 50 day moving average] ___________________________________________________________________________ Here is 2018 year to date (Jan 4, 2018 to Aug 9, 2018, 7 months, 9 days). Very choppy the first 4 months and the 50 day moving average was useless. Of those investors who bought the highs in January 2018, they haven't quite broke even over 7 months later. This is a totally different market then 2017! [SP500, Jan 4, 2018 to Aug 9, 2018, daily candles, 50 day moving average]
Price goes up, price goes down. Trends start, trends end. Ranges start, ranges end. I can't see what you're talking about.
Either way.... thats some pretty cool lyrics if one were so inclined.... Price goes up, price goes down. Trends they start, and trends they end. Ranges start, and ranges end. I can't see what you're talking about. .............My lost and searching friend.