Good morning!

I feel TA has some very good merits even if you ultimately dont use it. One thing I have noticed is that almost all of these parabolic charts could be overlayed and look identical. ie the lenght between pullbacks and sometimes the number of said pullbacks and severity.

 Of course dont count on it. 20 day moving average I do watch as when it moves too high above the sp it usually comes back to touch it.   Thanks for 1234 post as well as others.