Weekly SPX. ... Macd started disagreeing with Price on 12/23/13 and kept disagreeing on all subsequent minor tops till it could bear it no longer and crashed into the wave low on 2/8/16. Notice that this Macd wave low is even lower than that of the 9/26/11 Macd Low. That’s a bonus.
Now draw your empire trend busting trendline from 2009 low thru’ 2/8/16 Price low and extend. Trendline break occurs on 10/22/18. But Overnight would be petrified to TP and go S. So he waited and waited. Next opportunity came 11/19/18. Again he choked. Then on 12/3/18 he came to my house for a hug. Only then did he TP and exit.
And mind you this is weekly timeframe, hardly the sharp tool for chiseling out finer nuances.
But look ooh la la. ..... where is the magnificente SPX current rally at today? Why of course it has arrived exactly at MY trendline.

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