Friday, May 8, 2020

Retrace Target Zone Price Hit

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EOD: Potential alignments- 1) Final corrective A-B-C up. 2) New low on VXX at a measured move down. 
A reversal down in the market should confirm top targets are in.

Lower gap on VXX (volatility) is about to be filled with positive divergence and measured down moves falling into alignment. Very likely a new low will print for VXX potentially with a lower high on ES. Advance-decline ($nyad) MACD blue signal line is in a six-day down slope producing a negative divergence and also is now close to it's zero line. A vector signal printed after hours on 4/5-4/6/20 |X| giving a potential alignment marker so lots of evidence to look at. Let's see if the market agrees.

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

The bots will flag here when they see a top. (1/25/202/20/204/30/20)
..and possible bounces/bottoms: (2/28/20) , (3/23/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report 

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