Thursday, May 12, 2022 2:32:23 AM
I find the s/r lines with long term weekly charts. The 440 line is the greatest volume s/r. The 400 is the lowest volume, akin to a "gap". When I drew my neck line through what looked like a big head and shoulders forming I figured the price would head to the low volume volume by price point or semi-gap, so I made that my predicted price point. I've added a 380 line because it is the greatest volume support below 400. That may be where the SPY bounces. The year 4 months is purely random. It was a size that conveniently showed everything I wanted on the chart. 
cheers!
cheers!
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