This pitchfork we outlined on the 1st of the month has been providing perfect range for NEO. More specifically the median line, 0.25 & 0.382 levels. Break of .25 level opens up the median line & weekly pivot.
Break of .382 opens up the .5 pitchfork level / and previous highs made earlier in the month + 50% retrace 30/1 -> 6/2.
Analog of 17/1 -> 29/1 recovery is something worthwhile to look at, although certainly not perfect
Break of .382 opens up the .5 pitchfork level / and previous highs made earlier in the month + 50% retrace 30/1 -> 6/2.
Analog of 17/1 -> 29/1 recovery is something worthwhile to look at, although certainly not perfect
