Hourly Channel for SPX v3.0
Third Rendition to the SPX hourly I've been working on over the past couple weeks as we've been falling. This chart is a neutral perspective.
This chart is attempts to show;
~ A very much respected 30 degree channel,
~ Some circles that for some odd reason the act like semi-permeable membranes of a cell.
- Support and resistance that are derived from tangent lines on the circle, midpoints, and specific crossovers from trendlines given certain angles.
There's more to it than what I've explained here but I still plan on making more updates to this particular model.
Clean trades only!
This chart is attempts to show;
~ A very much respected 30 degree channel,
~ Some circles that for some odd reason the act like semi-permeable membranes of a cell.
- Support and resistance that are derived from tangent lines on the circle, midpoints, and specific crossovers from trendlines given certain angles.
There's more to it than what I've explained here but I still plan on making more updates to this particular model.
Clean trades only!
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