Looking at historic gains and the time needed, I've cloned two previous pattern based the last three sticks, I believe a decline is due in the SPX. The two future patterns (red and orange) are not sure, however are both historic patterns and therefore might indicate what the future has in store.
Greed is a powerful emotion, but fear the strongest and this chart shows that indeed trust comes slower than distrust. The first and second period have about the same win/loss rate of 1,63%. The resulted in the first period for a gain of a whopping 3,121% in only 215 bars. However, the second period whipped 83% of that gain away and did that in just 107 bars,...