Centerline catches pretty good price-action (frequency) of this market. The prior Hagopian way down below at the L-MLH tell us, that the market will go back more then from where it came. So, this would imply that we will see NG soon way above the centerline.
Hi Forker, I'm hoping your analysis is accurate as I've been long Boil since 2/24. I'm curious about how you chose the pivots for the fork. I suppose the interaction with the centerline gives this fork validity whereas the one I have drawn which points up using pivots on 11/9/16, 12/28, and 2/22 has no interaction with price (although price is remaining above the L-MLH). Just curious, thanks
Tr8dingN3rd
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@morsenm, Hey Morsenm - pls. post your chart here so I can see what you mean. I'm very busy mate, TNX.