Update: 7:28pm New upper target zone (zone 2 at 2437.5 has been exceeded). This is still whipsaw territory- no optimal flags have yet printed lower or upper. Be careful. Top flag watch is active.
Update 11:35am EST. The vector that did print on 11/23 was similar to the one that printed on 3/18 which elevated the ES into the current upper target zone 2 area, so target zone 2 now becomes the potential intended target based on that comparison. - Exceeded -new target is higher see above.
Update 9:37am EST.
Potential top targets that may print a top flag prior to new bottom attempt are shown at bottom of page.
Top flag watch is the main active component now.
ES cash is printing several coincidental alignments that may show us the potential bottom. VXX has retraced sufficient to print a top flag in the market at this area (a lower high) prior to the next bottom target (a similar set up also happened on 8/9/19)
See Critical Long-Term Review Here
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