I have had to adjust the neckline since I last posted this chart and have added a 90 dma.The pivot based on the 3 month cycle and on time symmetry now looks to be a high that has tested this neckline and the 90 dma,whereas my initial projection had been for a low
Here is the same chart with 150 dma instead of 200.I also played around with some time cycles and a 100% range projection for a guess at what the market might do next.Obviously we trade off price,not guesses,no matter how well informed but it can be useful to have a roadmap
Here is the same chart with 150 dma instead of 200.I also played around with some time cycles and a 100% range projection for a guess at what the market might do next.Obviously we trade off price,not guesses,no matter how well informed but it can be useful to have a roadmap
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