4 CHAN charts showing 6 level zone in the past 20 years for SPX. All words are on the charts. Wish all CHAN fellow students best in 2017!
The US market Bull/Bear history helps for 1974 -- 2000 level identification as TOS only provides 20 years data.
NOTATION on CHAN analysis
ZONE format: DD [ZD,ZG] GG TIME (Time optional)
Zone Drawing Label with Letter/ color/shape corresponds 8 levels:
Y (Year) Yx White Oval
Q (Quater) Qx Purple Oval
M (Month) Mx Grey Box
W (Week) Wx Pink Box
D (Day) Dx Blue Box
30F Tx Green Box
5F Fx Red Oval
1F Ox Yellow Oval