Monday, May 4, 2020

Top Flag Downside Projections- Bounce Zone 1

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If the top flag which had a valid vector signal is not taken out this week, then there should be more downside to come. if it is taken out by a modest amount with VXX (volatility derivative) remaining above it's lows, the top may remain a valid position within an acceptable stop percent. Note the megaphone center line at 2800 zone. Chart 2 shows next potential target zones if a retrace remains within the printed price range. 

The daily advance-decline ($nyad) MACD signal remains in positive territory whereas the weekly is still negative so far.

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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