Targets Around Significant Marker May Be Confirming

Update: 12:41pm EST. Challenging the approx. center of the channel @ ES 3238.0 zone so far. At the same time, VXX looks to be closing it's opening gap.

The 50 x pi (total calendar days) increment from 2/20/20 top to 7/23/20 (potential top) may very well be confirming. Follow-through to the downside will be required at some point. It needs to be noted that the weekly advance-decline breadth (NYAD) MACD signal has not yet printed negative but is threatening to do so. A serious acceleration down may not be forthcoming until the breadth prints negative on the weekly signal value MACD(12, 26, 9)- the '26' parameter which is currently intra-week at the +45 zone but could be heading down soon.

1918 Pandemic Did Not Tank The Market!

See Critical Long-Term Review Here

See Important Long-Term 

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)

..and possible bounces/bottoms: 

This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.

Our favorite go to site- McVerry Report

chart: 8:30am EST.