SPX MOTHER FORK

Updated
Eureka

I have found the mother fork for Spx

PIVOTS- low-high-low from the last bear markets (red)

So circa '74. '00, '08

The median line lies in wait...

Dr Andrews would be proud, I think

Also note the bear div which isn't that common in oversold territory

G.R.I Dec '21

TRADE AT YOUR OWN RISK
Note
circa 18 months of PA which was heading for the median, may or may not test that area again...

snapshot
Note
more bear div on lower timeframe snapshot
Note
4444 likely around New Year snapshot NOT TRADING ADVICE
Note
Big picture- pivots '74, '00, '09

snapshot
Note
red boxes- bear markets
Trend Analysis

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