Positive Divergences Waiting To Spring?

Update: See EOD post

Update 3:45pm EST, Looks like a bottom signal - all required vectors have hit minimum value/ We will double check everything after close.

Update 3:15pm EST. Let's see if this sticks-  final bottom could print at 2208 zone  which should be confirmed at that time with a vector signal- regardless, when we see one print somewhere, we will announce it.

Original post
Update: 3/18/20: 8:20am EST. Chart 2's (from yesterday's post) move got delayed sort of- VXX is going towards a high target at 67-ish first. This could set up a restart of chart 2 move all over again or we go straight to chart 1 move which would be a bigger bounce. How big-not sure just yet but still do not see a bottom signal clearly. It could still print soon. There are positive divergences waiting to spring. On the other hand- a bottom has not yet printed and this market still wants to go down. Also- another gap up in VXX could set up the 'more down' scenario right now. Apparently we need to wait until the week completes it's print which is exactly how this environment has been behaving (weekly prints are the primary time count).

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The bots will flag here when they see a top. (1/25/20, 2/20/20)

..and possible bounces/bottoms: (2/28/20) , {3/6/20, 3/9/20,    ?   } x 3**

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Our favorite go to site- McVerry Report 

Those of you who followed the lead up to 'big drop' know how telling the advance-decline (nyad) MACD can be weekly and daily.

Today's intra-week chart print=daily low? (chart just below this) and earlier intra-week chart print=daily high? (next chart below that). Possible week-ending print may be somewhere between the two. Potential positive divergence still on the table. Especially if new lows / close retests hit.