Monday - High open futures. Than Up against a Pivot High and down. The rally starts into Tuesday. Expecting the Highest High on Tuesday at/just after closing US. (The red line can point it sometimes). From here down into Thursday and up ..........(tomorrow more). Making a Low on next Monday at the open futures.
Major Low recovery - If we make a major low accordance the pattern of my indicators OR we make a panic low we rebound for 3 days(or more) in 97% of the cases.
PANIC LOW (or HIGH) - When Trump, China or Kim or other major disasters has occurred and the Old Indicator goes up for weeks, we will (normally) go back to the level before and usually higher than normal pattern and stabilize . So this is a chance, but be careful. (I forget to mention this often. That's why I published it on the site). Example: 17/18 July Trump Trade war UP; 5 August devaluation Yuan DOWN;
For a panic High it is the other way around.