The week ending 11/05 the SPY printed a large momentum bar (teal candle).
Here is how the mipoint (blue horizontal line) acted as a pivot for the following 8-days where 100% of the momentum impulse has been retraced.
Also on the chart below (green horizontal) is the midpoint (as measured from the Close on 11/03 to the Open of 11/04) of the impulse gap up. Support becomes Resistance:
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