Replies to post #98505 on ajtj99's Market Pulse

[ajtj99]

hiker, the path laid out on the SPX was drawn from historic patterns in the current SPX range. It is an attempt to understand possible dynamics in this range.

Since the 1400-1553 area is a thin zone on the SPX, I've found that prior action in the zone can produce pivot points that have "memory". 1475 is such a point, as is 1450 and 1400.