Overview
The market behaves like a football game:
Bulls = Offense 🔴
Bears = Defense 🟢
Support & Resistance = Yard markers
EODT = Momentum
S3 or R3 = Touchdowns
This course shows retail investors how to use The Algo’s Support & Resistance panel as if it were a football field.
⚪️ = Level not yet hit
🔴 = Level hit by the Bulls
🟢 = Level hit by the Bears
Green line = where the current price is (where the ball is on the field)
#1: SPY Support and Resistance
Every week, The Algo refreshes SPY’s levels.
Think of this as a new game plan released every Monday:
The lines change.
The momentum changes.
The defense adjusts.
And your job is to read the field.
Each price level works like a yard line:
Level | Football Equivalent | Meaning |
R3 | End Zone (Touchdown for Bulls) | If the Bulls push the ball this far, they’ve dominated the drive. |
R2 | 20-yard line (Red Zone entry) | Bulls have serious momentum; close to scoring. |
R1 | Midfield push | First sign that the Bulls are controlling the drive. |
Center | 50-yard line | Neutral field position, flat on the week. |
S1 | Defensive stand | Bears start pushing back; bulls must defend. |
S2 | 20-yard line for Bears | Bears are threatening; momentum flipping. |
S3 | End Zone (Touchdown for Bears) | Bears fully reversed the field — major breakdown. |
These levels provide:
A map of where the ball is
Which side has momentum
Where the high-probability reactions occur
#2: EODT (End-of-Day Target)
EODT is one of the most powerful — and misunderstood — signals on The Algo.
It’s easiest to understand through the football analogy:
EODT = Which team currently has the ball (🟢 vs 🔴)
We get updates at the Market Open (9:30 am ET)
We get updates throughout the day, as the Bulls and Bears take possession of the ball (gain control of momentum).
Big money tends to move the ball in predictable patterns as the clock approaches the close.
EODT is subtle — it often tells you who actually has control, even when the candles are noisy.
⬆️ = Bulls have control, the ball (price) should drift upfield.
⬇️ = Bears have control, the ball (price) should drift downfield.
#3: Fear and Greed
The Fear & Greed Index is the emotional temperature of the stadium. It tells you whether fans (investors) are panicking, cheering wildly, or sitting quietly in uncertainty:
Fear = Bears feeding off Panic
Greed = Bulls feeding off Hype
Extreme values = Best scoring opportunities for the opposite side
It’s a sentiment gauge built by CNN Business that measures how emotional the market is.
Too much fear → fans are silent, nervous, and selling everything
Too much greed → fans are screaming, overly confident, and chasing anything that moves
In between → mixed emotions, hesitant plays, choppy moves
Fear pushes prices down.
Greed pushes prices up.
It does not predict the future — it reveals the emotional conditions under which the next plays will happen. It is updated continuously and the timestamp at the top right reflects the last update.
Think of it as the stadium mood meter that affects every drive on the field.
0–25: Extreme Fear (“Silent Stadium”)
25–45: Fear (“Uneasy Crowd”)
45–55: Neutral (“Split Crowd”)
55–75: Greed (“Hyped Crowd”)
75–100: Extreme Greed (“Stadium Frenzy”)