Geometry is a construct of time and price
Here I have the only geometry for spx that matters at this point
I have identified the last three macro pivots:
Here I have the only geometry for spx that matters at this point
I have identified the last three macro pivots:
- March 2020
- January 2022
- October 2022
I have bisected pivots 2 and 3 from pivot 1 per Andrews
I have then scaled the chart by setting the bisector vector at 45 degrees per Gann
I have then taken a perpendicular from pivot 2 to the bisector vector
I have created a box using the x (time) and y (price) vectors for the impulsive move from March 2020 to January 2022
We can clearly see that price has been in a new uptrend since October 2022 and the target as defined by the geometry for SPX is 5200
A lot is talked about time and price but what I have shown you is all that needs to be done
Everything else is noise and secondary to this scaled Geometry
GRI 2023
Note
My final publication prior to BEARMAGEDDON
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.