Eureka
I have found the mother fork for Spx
PIVOTS- low-high-low from the last bear markets (red)
So circa '74. '00, '08
The median line lies in wait...
Dr Andrews would be proud, I think
Also note the bear div which isn't that common in oversold territory
G.R.I Dec '21
TRADE AT YOUR OWN RISK
I have found the mother fork for Spx
PIVOTS- low-high-low from the last bear markets (red)
So circa '74. '00, '08
The median line lies in wait...
Dr Andrews would be proud, I think
Also note the bear div which isn't that common in oversold territory
G.R.I Dec '21
TRADE AT YOUR OWN RISK
Comment:
circa 18 months of PA which was heading for the median, may or may not test that area again...
Comment:
more bear div on lower timeframe
Comment:
4444 likely around New Year
NOT TRADING ADVICE
Comment:
Big picture- pivots '74, '00, '09
Comment:
red boxes- bear markets
