since scilly asked for ncm last week i have been trying for a directional chart of it rather than a rangeing. not easy and today i went out to the monthly. black lines are the extremes of the range for many months to come. a break of either line changes to range. the 50% has been tested and a higher swing low since but it did touch the cloud, blue, and is now under pink, 50% of the last 9 high and low.
in general bull trending on the monthly with all lines in place except for red in the cloud. to get it out it needs a new higher high or it will turn north in six months time. it dipped recently reflecting dropping off the old high and now using the new high which is a little lower. both using the low which is about 6 candles away from being dropped off.
