Small i-ii-iii down intraday.
VXX vs VIX plot has shown to be an interesting market gauge recently. The original layout from 11/7/20 is presented together with the current status. While we are not quite there yet, it appears to be presenting as was anticipated. It was not expected to be an identical copy of the previous pattern circled but generally should print similar sequences. Other charts will be used to call the final market top hit price zone.
Medium Term: :
The controlling structure may be i-ii-iii-waves down on SVXY with wave iv/d up showing now- See related post
-(update note: SVXY has now entered wave iv/d upper price zone territory @40.25)
See Critical Long-Term Review Here
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report
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