The tiny lower close is very suspicious...
At least price broke out of the "creative" downsloping Fork and reached the CL .
From here price either zooms through the CL , or comes down to the L-MLH.
Chance for the walk to the south are 80% - same as going to the CL!
And why NOW?...well, as i said, price reached the CL . So it's at the center OR
it is at a potential extreme. If you think about it for a while - the CL could be the
upper extreme...if you threw in a WL (Warning line = 50% projection to the downside)...
Think about this...
News Blog: http://www.forktrading.com/forktrading-blog