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Attached is an S&P chart with lines on it.
These are eqidistant from each other and easy for you to duplicate.
These are very similar to warning lines. To lose a lot of money expect a
pivot to occur at these lines all of the time.
There is a complex formula to determine when these lines are likely to be
good for finding S&R. The Bond chart sent yesterday and the enclosed S&P
chart has future lines predrawn. In each case they are likely to work in
the future.
Note they worked perfectly to find resistance a few days ago. Typically you
let the market tell you it likes these Lines at least one time before using
them.
RM
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