The Deja Vu
If you study the comparison charts below, you can see the similarity of the price-action sentiment with "Today" and "April - May 2014."
Matrix-bulls brewing something similar here to 2014.
I think if we can able to hold above that "rising support" and fill the gap at 229, that's a good start for this matrix to play out.
Second confirmation we would need is, clearing well above the 229.50ish and making another ATH, if we can do that, we may able to see "May - July 2014"-like bullish-movement for the next 2-3 months.
What Happened
As you can see below once we cleared well above the 190, the move to 198 happened just in two months.
What May Happen
If we can able to clear well above the 229.50ish, I think we may able to see 240ish within few months. Can the matrix bulls do it?!
