SPX Options Swing Model update

Expanded model based on options data.

After couple months of gathering data and researching, I’m upgrading naive and cottage analysis to a bit less naive and cottage one. The divergence indicator goes to the lower subpane and becomes less important in overall analysis - unless it generates two consecutive signals in a row maybe.

Also, this time I’m using python for the algo/conditions and chart generation process. Actually, I’m thinking about changing all static charts I publish to be calculated and processed in python/matplotlib or something similiar.

There are still some minor “setups” I need to see and analyse once I gather more data - especially during downtrends. So as always I don’t get too excited just now, and you shouldn’t too.

I will be uploading this chart an hour or so after EU markets open - so around 10AM CET (4AM EST) simply because we have new OI data updated by CBOE.