Indeks S&P 500Singkat
[SPX] Acid Trip Model Zoomed In... Rough S/R Levels for DROP!
Yesterday's model already earned a fun nickname haha.
DMT Trip was on the table too based on the commentary but acid seems more relatable and less extreme B).
Anyway, keep in mind I did not manually draw trend lines here or adjust them to fit in any way. I simply created core rise and fall trends based on the 1M four decade scope and extrapolated. These are those same lines zoomed in.
Amazing how well it aligns to the 1D though!
![[SPX] 28Y Rise and Fall Trend Extrapolation... Lots of Confirms!](https://s3.tradingview.com/w/WKsIptt4_mid.png)
I did add some additional coloring for clarification.
Green is strongest, then blue, then yellow on the way down. Anything over red and you should probably be locking in profits.
Don't forget what happened last time we went above red...
DMT Trip was on the table too based on the commentary but acid seems more relatable and less extreme B).
Anyway, keep in mind I did not manually draw trend lines here or adjust them to fit in any way. I simply created core rise and fall trends based on the 1M four decade scope and extrapolated. These are those same lines zoomed in.
Amazing how well it aligns to the 1D though!
I did add some additional coloring for clarification.
Green is strongest, then blue, then yellow on the way down. Anything over red and you should probably be locking in profits.
Don't forget what happened last time we went above red...
Data analyst with a passion for best fit lines B)
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Data analyst with a passion for best fit lines B)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.