Too Much Risk in the IndicesDow Jones Industrial AverageDJ_DLY:DJIPrinciplesofmathprob The system I made launches median lines at the breakout and then waits for the pullback to trade. Very simple and to the point. In this case I drew a dashed horizontal line, which would be the line that had to break to calculate the set. The important thing is that it's actually on the upper parallel after a whole lot of bullish movement, and from what I can see, it's reverting to the center. I don't suggest buying at this position, mainly because the profit margin is limited before facing the need for the move to keep breaking to the upside, a move that's already traveled quite a distance, which reduces the odds and increases the risk. The vectors that the system calculates are extremely reliable. A recent example is on Space: On Thursday the 16th I flagged this, and as of today prices are still trading around the structure Since this set is on the daily chart, I think it's going to be in play for quite a while, and based on my read, what I would personally do is not touch it until I get a clear entry signal, either from this market or correlated ones like SPX or NDX at lower buy levels, reducing risk and increasing profit margin. In fact, the NDX is close to fulfilling what I said would happen: a bearish reversal to go test lower levels it left behind on the way once it took off to the upside (a typical pattern). https://www.tradingview.com/chart/NQ1!/VpzThciL-Nasdaq-Will-Return-to-Its-First-Range/ So, in short, there's too much risk in the indices to want to enter a buy right now. My trading order of operations is like this: It moves in a direction (this is what triggers the calculation of the geometry) It reverts and heads toward the area I'm calculating for entry We're just now moving from the first point of the cycle to the second. Trading isn't the same as typical value investing, where timing doesn't matter. Quite the opposite, here timing is absolutely crucial, and right now is clearly not the time to accumulate inventory in any of the indices, but it will be if they end up offering lower prices.