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apb270

Fractal from End of Jan. to March Low applied to Sept 8th

S&P 500 Index (SP:SPX)  
apb270 Uppdaterad   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index)
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trendanalysis chartpattern indicator spx500 spx
bar pattern since Sept 8th (for the last month on the 2 Day) has been following the course from late Jan.-Feb to Crash low. If there is a crash, the bar pattern shows it starting the week of Oct. 12 with some slow ascending till then.
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I'm watching very carefully to see if the market is able to have a 2day close above 3414.
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This is a very rough and simplistic guess.
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If it crosses above, the last line in the sand is the channel end at 3440.
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Wow, total rejection at top of channel, and also a daily close below fib .86 from Dec '18 low and Sept '20 high.
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Looking for rejection again at top of channel.
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