claydoctor

SPX 500 range finder

Short
FX:SPX500   S&P 500 Index
So how many times does a breakout need to fail to define a range? Enough to get the job done is the answer. I would say fifth time is the charm for the upper boundary, and so we head back down the the lower, and lower yet, if history repeats.
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.