Nasdaq about to reach the next stageE-mini Nasdaq-100 FuturesCME_MINI:NQ1!HowToChartPitchforks follow a set of core rules. Rule #1 states: Price reaches the centerline roughly 80% of the time. On this chart, we see two pitchforks. The orange fork measures the current swing. The white fork measures the pendulum swings. Price already reached the orange centerline (CL), then NQ struggled to break through, but finally cleared it. Applying Rule #1, the next target is the white CL. And because of the upward angle projecting price forward, this target moves higher as time passes until price hits it. Bear Case If price opens and closes below the orange CL, the bias turns bearish. The new downside target becomes the white L-MLH, which acts as natural support. Bull Case As long as price holds above the orange CL, the white CL remains the primary target.