Replies to post #63319 on Options Wonderland

[Fox13]

The Keltner Ch. indicates that a reversal is imminent. Notice that the price is out of it, more than it ever was throughout 2010.
However, in white, I have an envelope built according to the 40 days trading cycle. The Env.L = (cT-1):2. It could accept an SPX high = 1280.55 which is also close to the A’s fork midline.