$SPX and the Symmetry of Markets

25 янв. 2023 г.

If you have seen my previous publications on BTC you may have noticed some key similarities as marked here

- An inverse head and shoulders pattern forming
- A 3 drives to a low pattern forming
- RSI reaching bearish control zone
- ema and ma resistance clusters
- At/ deviation at bear market trendline

Again, max pain is derived from:

overthrowing bear market trendline into a bull fake/ failure
not reaching clear structural bottom narrative

We expect SPX to bull fake into the 4060 area and either end this correction either at 3600 area for IHS or in the low 3000 area

The exact level is likely to occur in the midst of the spring equinox between mid march and early april. We can judge the aggressiveness of the move and assess which fractal is correct at the summit of 'new beginnings' aka the sping equinox