Just an action reaction forecast for the next few weeks
Am including a santa 'rally' to be nice to bulls
Pitchforks off major pivots as always
Andrews pitchfork off pivots ABC, where the median line is the bisector of BC from A
80% of the time price hits the median line from pivot C
TRADE AT YOUR OWN RISK
Note
note- i have presumed the C pivot on the basis of previous PA and geometry; but this may turn out to be incorrect; see my other previous SPX ideas. Divergence is building on most timeframes. Bearish divergence.
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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.