Update 11/16/20 12:35pm EST: Looks like the wave [iii] target zone is in play on a nice continuation of the breadth thrust that commenced 11/13 (b - c leg up). Let's see if this wave 'parks' itself somewhere prior to a wave [iv] pullback or if it continues straight up as in a 3 waves-up leg
The following three charts give us an excellent guide to the current projection: Clue- bullish to target but if an SVXY wave 'iv' up, could be a reversal pending.
$VIX has not turned flat/positive yet- bullish implication. (bottom chart used to flag potential tops)
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