[SPX] Fractal Theory Ticking Away Like Clockwork!
After breaking below the RW structure...
we cascaded below our white fractal and right into the top of the 5Y Peak Channel...
where it held for a moment before cascading through the bottom of the 1Y Peak Channel...
and dropping right to 5Y Peak Channel mid-line and back up over the 1Y Peak Channel bottom...
where it tested many times before bouncing off the top of the 1Y Peak Channel...
and ultimately coming to rest within 2 points of this critically important growth trend fractal.
Is it all starting to make sense yet?
we cascaded below our white fractal and right into the top of the 5Y Peak Channel...
where it held for a moment before cascading through the bottom of the 1Y Peak Channel...
and dropping right to 5Y Peak Channel mid-line and back up over the 1Y Peak Channel bottom...
where it tested many times before bouncing off the top of the 1Y Peak Channel...
and ultimately coming to rest within 2 points of this critically important growth trend fractal.
Is it all starting to make sense yet?
Comment:
Can't make this stuff up, see the last green candle exactly balanced between these two critical trend fractals and price tests around before continuing forward...
Comment:
Possibly getting rejected here by 1Y Peak Channel midline after breaking under RW...
Data analyst with a passion for best fit lines B)
