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mcmarc2000
Jun 4, 2023 2:36 AM

3 DRIVE PATTERN + PARABOLIC CURVE confluence ?  Short

SPDR S&P 500 ETF TRUSTArca

Description

This parabolic curve was difficult to assess due to the extreme chop. If my fib math is correct Parabolic PRZ calculated at 430 .. 1.618.

Parabolic Retracement Levels …

424 .236
420 .382
417 .5 (R1 M Past 417.15)
414 .618
411.50 .71 (411.30 POC VRVP Price Magnet) Confluence

Overall Swing Retracement
418.60 .236 (R1 Monthly 419.18)
411.43 .382 (411.30 POC VRVP Price Magnet) Confluence

BEST GUESS .. retesting 411.30 / 0.382 retracement

Comment

Comment

419 / 411 PRICE MAGNETS

Trade active

DOUBLE TOP M - Harmonics are point with 419. 426 key level needs to break all air underneath.

Comment

Here's a clearly picture of these harmonics (boxes) .. because it's height that matters / length measurement. The diagonal can be deceiving because it includes length and time.

Comment

1HR Possible Bearish Megaphone / Bearish Divergence

Comment

Bearish Megaphone / Bear Flag .. Cypher 2 pivot dimensions are a bit off by 15-20% however PRZ “D” calculation 786 is 100% on point.

Order cancelled

PREDICTION BUSTED.
Comments
mcmarc2000
Retesting 411 if 417 busts
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