SPX MOTHER FORK
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
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...Note
more bear div on lower timeframe Note
4444 likely around New Year Note
Big picture- pivots '74, '00, '09Note
red boxes- bear markets
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.