Imminent Market Targets Have Nothing To Do With 'Hope'

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EOD: Finally getting price penetration into the end zone. Let's see if it takes 6 x 4hr candles to get to 'Z'. It isn't required but so far that is the time spacing for X and Y.

Comment: There is a possible alternate scenario where the previous 'Y' at 31.42 on VXX (5/12/20) has printed the medium term volatility derivative low and the testing of VXX that is occurring now could fail at or above VXX 32.62 which is the current 'Y' from 5/26/20. If that is the case, it will soon become apparent. A pre-top decline could also occur anywhere near here prior to a final top. Either way- time looks like it is getting short. Divergences continue to build.

Update 1:00pm EST. Could be trying to make a final target. Once the zone is penetrated, there will be updates posted as needed if there is a modification to the signal that is showing from the vectors.

Original post:
The targets enumerated here have been identified for weeks as the place the market has to go if it is to fulfill it's most probable objectives according to the mathematical data. Absolutely nothing to do with opening up, recovery hope, vaccines, pigs flying or anything else in the news. In fact, with apocalyptic fires burning in all major cities, wouldn't you think that would be a reason to sell? That just shows the lack of understanding of market mechanics in the popular press and even in the offices of 'expert' analysts. Most likely you will also find mention of the market 'shrugging' off the unrest.

At VectorSpike we believe there is a better way to describe it. Data does not lie when used correctly. Stick with us and forget the guessers. We may not always be perfect and don't claim to be but the track record sure looks good so far and way better than all the investing analysts and the poor investors that got 'surprised' by the last collapse. We had that one in the cross hairs for weeks prior and even called it on the actual date it started to accelerate down.

1918 Pandemic Did Not Tank The Market!
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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. (1/25/20, 2/20/20, 4/30/20, 5/11/20)

..and possible bounces/bottoms: (2/28/20) , (3/23/20)

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Our favorite go to site- McVerry Report 

Still has more to go-