in keeping with my symmetry analysis that I showed on the 5 min
SPX below, let's use that tool to expand out to larger time frame,
the 2hr view and analyze the move up off the mid Oct lows
As you can see from this chart, the largest pullback in the
uptrend was 214 points. The pullback off the highs so far is 182
points, therefore uptrend symmetry has not yet been officially
broken
SPX 120 min symmetry observation
Posted by matt on 6th of Dec 2022 at 04:16 pm
in keeping with my symmetry analysis that I showed on the 5 min SPX below, let's use that tool to expand out to larger time frame, the 2hr view and analyze the move up off the mid Oct lows
As you can see from this chart, the largest pullback in the uptrend was 214 points. The pullback off the highs so far is 182 points, therefore uptrend symmetry has not yet been officially broken
Really great stuff Matt, helps
Posted by fundamentalvalues on 6th of Dec 2022 at 04:22 pm
Really great stuff Matt, helps a lot. Thank you