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So is anyone interested ?

If not

What happens ( the Xs) and what does not happen ( the white spaces )

reveal the demand and supply dynamics

and inform us how to scale the chart

OK

There is position ( in terms of the geometry ---How far )

There is velocity ( how fast )

and then there is acceleration  ( rate of change of how fast )

velocity in a sense is Kinetic energy

acceleration is in a  sense  potential energy

how so ?

If we throw a ball into the air

as it reaches the top

What is velocity and acceleration doing ?

and why is it doing it  ?

HOPE   ( think of what hope does-- Tops tend to be a process )

If we throw a ball over a cliff

What is velocity and acceleration doing  ?

Just before the splat !

FEAR ( what does fear do.... Bottoms tend to be an EVENT-- that is The Bottom  the actual tic )

Trend lines measure velocity and acceleration

The 45 degree lines are Objective Forecasting lines

the lines drawn from pivotal points

are  Natural trend lines ( much more appropriate term than subjective imo )

The case for The Bottom is (imvho  ) much stronger..

empty spaces

inform us that forces

of a larger scale

are active and impacting on the scale we are observing

Also to be considered are velocity and acceleration in terms of

Active and Dull ( seperate often overlooked subject )

So a XAO  chart

with some classic

trendlines

Note the empty spaces ( air pockets ) at the top

Note the tight formation current

P&F is a wonderful study (imo)

It is very wrong to think it is a derformed bar chart

( chart of only price disregarding time and volume )

And ( truely ) We ( I) have only scractched the surface here !

motorway