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jacobit
Oct 19, 2020 1:07 AM

S&P System 

US SPX 500OANDA

Description

Please someone if you have the time use the logic, create a similar interpretation & check work according to the criteria. I know this isnt perfect but is a fair representation, the more analyzing this exact way the more precise we will become

thanks & enjoy

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Updated

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Cleaned up

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Oversimplified Weekly

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Alternative view, .236 / 2.326 as per @apb270's insight

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This is consistent with my findings.
Comments
apb270
The only other thing I'll add in analyzing yours, is I think if you are suggesting the peak as Sept., a .236 fib circle must represent that locality.
jacobit
@apb270, Like so?

apb270
@jacobit, wow, beautiful! We'll see if the 2.36 holds, or if this market has more steam -> to the 3.82.
jacobit
jacobit
apb270
Not as sophisticated as yours, but watching that light green SMA for a tap if we crash. Similar in price movement to what you have graphed. Triple Pitchfork Channel, to enter the lowest green strip. PPO percentile rank (first indicator after the graph) mirrors Feb '20. From other indicators and tickers that I follow, my chart work shows next week as very interesting.
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