dpilot83 - 1/28/2015 09:30 It has already all but touched the ML of the expansion fork (right terminology?) at 1. If it's to continue on it's current trajectory it will have to go through the ML to get to the Hagopian somewhere around 2. Then if it turns at the Hagopian it will be initiating another Hagopian on the expansion fork? I guess it has not closed below the ML of the expansion fork. Perhaps that means it has not touched it yet. So perhaps it will not actually touch the UML of the expansion fork until 3? I imagine that's all too detailed. It will do something somewhere between here and there:) 
HI pilot, 1 - yes. Price has full filled it obligation to reach the ML. 2. - Not necessarily. It may do directly there, walk down the ML, or more likely the "A" and "C" pivots on your chart, price drifted back in to the fork but kept grinding lower. 3. For the most part, the usefulness of the expansion fork is over - it did its job perfectly. Now we can use the ML to gauge the remaining strength of the impulses by how much penetration it gets toward the ML. Remember the ML is balance. There are other balances. The Pendulum LML is a way to price's strength vertically, and gives us the Hagopian projection. There are other balances - like possibly the UML of the expansion that are pulling price horizontally and causes the "drift" mentioned in "2" - hence we can see that by referencing the action near the expansion ML. Take Care
Edited by jpartner 1/28/2015 10:47
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