Megaphone is still the preferred structure so it could print a 'top' anywhere near the targets (potential large white 'C' at the 'iii-c' label upper chart). We still do not see any larger degree decline whenever it occurs taking out the March 23 2020 low. A smaller degree top may be more likely as other parameters and vectors are not shouting 'topped'. It might attempt a pullback inside the daily megaphone a small amount before striking higher even taking out the projected targets shown.
As per usual VXX will give the most reliable signal when it declines into it's target area along with prices at new highs.
See Critical Long-Term Review Here
The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report
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