I am the only practitioner of this "new way": year three.
As it looks now:
The Blue parabola in the 3D chart: E. This curve is hung on the start, top and bottom of the rally culminating in the Dec '18 bottom. This, I believe this to cast a probability cone: 'conic' or 'shadow' . the novelty is the inclination of the parabola. its not a cold, normal to option trading space. it , through me, discovered a new nuance. the uncertainty comes from the variety of conics 'the Jag', or 'price action' precipitates. Bottoms and tops of the market are foreshadowed , as a 'moving target' in the future. but humans and life, unlike 'algos', are not predictable. ( unless yo have such complex algos and others algos and yours begin to have unexpected interactions with other super complex algos, and it all feeds back to hell. . . . just like clever people woild set up )
A and D demonstrate that the preceding fluctuation of the market, the rate of advace of previosu rally, has a repercussion or a potential synchrony in the future. I track this phenomena. I was inspired to develop this. I'm an artist and a scientist. That's how i role.
All three relevant support / resistance curves A an D. in particular, are in the conic shadow of E. That is why the yellow boxes are where they are.
Given the scenario out there: the bottom is 2200 to 2400 - ish.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.