No... the high point of a continuing trend. At the very least, it’s a two-week spike. Anyway, it makes your bet safer, doesn’t it? If you are betting it will fall, I thought the least I could offer you was offer you a fall from a peak.
No, let us stay with the 4 week averages.
We were talking about trends. Measuring from single week values can be deceiving, just as the previous week had the single largest increase of the entire year, but followed 6 weeks of the 4/wk average declining every week.