Friday, March 27, 2020

Pull Back Likely Completing

See latest post "When Will These Projections Fail?"

EOD:  The vectors all checked in with supportive values at the close so expectations are for an upward continuation next week. The large red print late actually struck a higher high and a higher low on the intra-day cash so as long as that low holds- a positive outlook remains short-term.

If that does occur- there is a positive divergence forming in volatility (VXX) so a newer low price there could create even more positive divergence in readiness for the next leg down to commence. A top flag signal should trigger at that point.

See Critical Long-Term Review Here
See Important Long-Term VIX Study

The bots will flag here when they see a top. (1/25/202/20/20)
..and possible bounces/bottoms: (2/28/20) , {3/23/20}
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