2/18/20 Target Zones- 1 hit, 1 to go

Global Trading Signal: 'Optimism' (still has not max'd out)
update: 08:47am EST.- Signal could be changing aspect past hour. Could be moving to 'Neutral'.
update: 11:12am EST.- Signal has changed to 'Agitated' last 3 hours.

update: 12:30pm EST.- Signal continues to print 'Agitated'.

Since the global trading signal has not max'd out yet, there may yet be more upside. A top flag could trigger at these elevated prices especially with the alignments enumerated in the previous post.

Alternate scenario that needs watching:

The volatility futures currently have not taken out the low that was printed at the previous top flag at the end of January. 'Normal' expectation is for this to be taken out prior to another top flag. An alternate would be for this low to hold and for the prior flag to apply in the current situation without a new one being required to trigger- a less likely but not impossible set up. The 'alt' notes on the chart apply to the previous low being taken out which, as stated, would be the more 'normal' set up for a new top flag. So there may simply be a minor pullback in ES prior to the next top flag being triggered.

Reconsidering what was stated on 2/14/20 regarding the Pi constant date calculation where the result showed up as 2/17/20 (+/- 1 or 2 days)- the ES printed a high at 11:00pm on 2/16 and candle tops very close to that peak through 2/17 11:00am EST. All within the Pi time window calculation. This could support the alternate scenario described here. Since Pi constant 'dates' do not have a proven track record especially at lower time-frames, the continuation or otherwise will give more clues. Please note that the prior top flag does have a significant large Pi constant 'date' calculation in it's time window at close proximity.

The bots will flag a "V" when they see a top. 
Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing.