Replies to post #250074 on SPDR S&P 500 (SPY)

[NetNeutral]

Another chart u should save for reference, or NOT??

After years and decades of research, programming and back-testing there is ONLY one chart that gives me a Good picture of what to expect going forward and I've posted it below!

Why, because it has lines on it that are Static, based on Percent Movement, and NEVER change ALL Year Long!!!

I reference these lines often when I mention S/R levels, ie... R1, R2, R3 or S1, S2, or S3, although we haven't had to deal with many S lines from this chart as of lately, LOL...

Yerly, Pivot, and S/R levels...

R10, 299.82, 12.50%
R9, 296.49, 11.25%
R8, 293.16, 10.00%
R7, 289.83, 8.75%
R6, 286.5, 7.50%
R5, 283.17, 6.25%
R4, 279.84, 5.00%
R3, 276.50, 3.75%
R2, 273.17, 2.5%
R1, 269.84, 1.25%

Pivot, 266.51, 0.0%

S1, 263.18, -1.25%
S2, 259.85, -2.5%
S3, 256.52, -3.75%
S4, 253.18, -5.00%
S5, 249.85, -6.25%
S6, 246.52, -7.50%
S7, 243.19, -8.75%
S8, 239.86, -10.00%
S9, 236.53, -11.25%
S10, 233.20, -12.50%

[NetNeutral]

Oh Great, Spy trying to find support at 284.70(ATHigh on Wed 1/24), WTFE BOYZ.......