OK, here's the last part of the series. SPX is similar to DJI, DJT and IWM, they show the general situation and often sign what's gonna happen in the future of the market over all. If they collapse, everyone follows (even TSLA and BTC, as we experienced during this March, unfortunately). The lines and arrows are quite self explanatory, but read the notes on the chart and see if they make sense. The vertical lines: the first pink one is obviously the first trend change as after a collapse, a bounce should occur (either if it's a poor dead cat or just the start of a recovery of any kind). This steep up move can not last long though. The 2nd pink vertical line marks when the trend angle changed for a more realistic (I wish, though) regeneration pace (represented by the red arrow). If unlimited bailouts will continue to follow as promised ("don't fight the FED", remember?) we could even maintain this one, until -at least or maximum- the end of this year. Of course, several pullbacks/corrections will happen in the meantime, but the bottom line here is if we gonna be able to maintain the regeneration or the 3rd and/or 4th vertical dashed lines will represent an other (or two) trend change any time in the future, where as one could be a sideways consolidation move maybe even for the long run, the other (or say last one) -if we drop below the strong black line- marks a longer bear market and a depression would come as the trend that we see today is not backed up on the financial side (XLF). It's like we are loosing steam, and likely will roll over and fall soon. This is how it feels. This is what we want to avoid though (with the help of president Trump, and I'm not sarcastic now) so this is why I don't wanna fight the "Transition to Greatness" scenario. No point to fight it, 'cause it might very likely play out with newly printed money, fresh bail out checks and/or even the introduction of a $2000 UBI system during any time this year (maybe at a second collapse when the Q2 numbers come out, so that is by the end of July). This way we would regenerate at Q4. You never know, they have this option in their back pockets too. Note that the national debt is now 25 trillion USD, but it can be 50 trillion and 80 trillion too, nobody would die in blood and pain on the streets because of it, it's just economy at modern times (our children/grandchildren could pay for it?), with lots and lots of people getting poorer and some less poor will survive with some luck and some rich loosing some/gaining some, whatever and so on. I hope for the best, but will watch out for anything. Trade safe.