Trying To Finalize The Move

ES 3393.50 is a measured extension on a potential small 5th wave in current leg. The leg is still active until better downside follow-through occurs. A nibble into the VXX low zone is still an option. 

There still is no negative value on the signal line on the weekly NYAD although it is getting closer at +34.6. Likely- any meaningful downward acceleration may not occur until NYAD weekly signal line starts printing values below zero. Negative divergence has been in place since June 15 on that line. It has declined 74% relative to the zero datum since June 15 prior to today's closing week ending print, wherever that ends up.

1918 Pandemic Did Not Tank The Market!
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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: 

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