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The chart will show at a glance whether the current price cycle is bullish or bearish (or equivocal).  The negative diagonal separates the BULL orbits from the BEAR orbits.  The price performance tends to trend in a clockwise motion around a nominal center (wobble) on the positive diagonal.  The displacement of that orbit from the negative diagonal is the bullishness or bearishness of the performance.

The Negative Diagonal separates the BULL orbits from the BEAR orbits.