FC.....

(1) Pink Line - Its a proprietary indicator I developed myself - basically, reading and researching, and input from a LOT of Jim's thoughts on market.
Since its weekly - 21 DMA - roughly corresponds to 100days ( about 105ish) - :) You can see the thought process - but this is broader market breadth based(Not price)

There are 2 parts to this chart - Very unique that way since almost 99% of my trackers are all encoded ie strictly automated
(a) Hand drawn
(b) Code based

(2) White drawn boxes: By hand - they represented to me at least - one of the key requirements of a Massive thrust in Breadth that's required to mark a Multi year bull market. I didnt really code it - because you can see its a pretty stringent requirement and since its weekly it takes a while.

Similarly the arrows are hand drawn

(3) Red triangles and the Lines as well as the window bars in the bottom ribbon are all code based ie automated.

Red Triangles are early indicators of turn - ie Trouble ahead types - as with these -there will be quite a few false positives. The corresponding bar on the index is also painted red ( since the triangle is based on the smoothed breadth indicator)

The bottom ribbons are a zone marking transition between the white line and the final red line ( they are basically test of last breadths of bullishness or return thereof)

Hope this helps!

Best