This chart shows that the double bottom turns to an uptrend that will take us to the price level prevalent before the first flashcrash (in 2014's case 650, prior to dipping to 400 in 2014-2-25). This will happen slowly but steadily during 7 weeks.
TL; DR: We are at 650 in the beginning of July, 2014.
TL; DR: We are at 650 in the beginning of July, 2014.
Looks like we are right on target for that.
I think we'll stay flat at this level and then in the beginning of July, things will start to heat up suddenly.
Beginning of July we very well might still be in this price range, end of July: higher than the old ATH. Yes, you heard me right
