Friday, May 29, 2020

The Only Target That Really Matters

Update: 11:06pm EST.  Possibly another down tick on the weekly breadth if the current direction persists into the close. Breadth in the last 12 weeks was 50% up but the last 6 weeks will see only 33% up weeks so trending down while market climbs overall. Not entirely long-term bullish.

Wherever ES / Market needs to get to in order for VXX to hit it's lows is the only real target that will have any significance going forward. Could be in for a long wait. 16 x 4hr candles so far and still counting...

1918 Pandemic Did Not Tank The Market!
See Critical Long-Term Review Here
See Important Long-Term VIX Study

Forget the 'news cycle'- we report on what is actually happening in the majority trading environment

The bots will flag here when they see a top. (1/25/202/20/204/30/205/11/20)
..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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