MSCI -Trading Within A Rolling Chop

I love it how the Forks catch the most important angle for the underlyings.

Within the fork we can clearly see, that the L-MLH and the Centerline catch the High & Low of the rolling Chop, which is tilted to the upside.

Until the L-MLH is broken, there is no Short in sight, and we just can buy the Low and sell the High, with stops below structure or below the L-MLH.

Sometimes trading is simple - but it's seldom easy §8-)