Thursday, April 23, 2020

Projected Higher Retrace Targets

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EOD: Move down from 2836.75 looks to have vector support for the down trend to continue.

Update 1:54pm EST. If 2836.75 does not get taken out by the close / next session, it looks very much like that is it for the retrace. Vector gaps all closed and wave 5/e = 1.6 x wave 1/a (measured up from 4/d low).

VXX (volatility) has filled it's gap lower and measured waves up looks to be nearing completion on ES. 

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) , {3/6/20, 3/9/20,    ?   } x 3**
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