trendline market structure quarter point theory last time market touched the top of the channel it had a major sell off it repeated today and broke bottom trend
selling spx on 1/19/22 at 9:15-9:30 est; quarter point theory, trendline structure; confirmed that price is also hitting resistance on colors multiple timeframes; refer to 5 min
quarter point theory + trendline analysis. exponential moving average 9, ultimate moving average. broke consolidation to a major move to the downside.