All indicators to the best of my knowledge are historical. However as you get used to reading them you can get an insight as to which way a sp will go. I always use the KISS principle when using indicators. CNP's chart is showing a wedge pattern which historically means that the sp will break out one way or the other. Having said that, the indicators on my chart are pointing down. An ann will throw the whole lot out!
Regards cjs
CNP Price at posting:
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