Hi Century,


He pretty much spells out the rules...enough so that one can build his own road map.

There is a high probability that:

1. Prices will reach the latest ML

2. Prices will either reverse on meeting the ML or gap through it

3. When prices pass through the ML, they will pull back to it

4. When prices reverse before reaching the ML, leaving a “space”, they will move more in the opposite direction than when prices were rising toward the ML.

5. Prices reverse at any ML or extension of a prior ML.

Best of good trades, Spike