Per Request - SPX500 Squared Trends Pivots and Levels
Using Bonfire indicator, I built this chart by request. Finding the square of an asset can really open things up from a visual standpoint. This allows users to bypass scaling variables and helps with finding natural movement, trends , levels and pivots. I often use these charts for confluence along with other indicators to help predict price action vs time. Watch how the price respects, follows, or fails at each line.
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