Dow, SVXY, UPRO, ES futures, SP-500 hitting marginal new highs relative to each other over the last several sessions but not in the same session could be a domino topping action underway. As stated, a minor top is expected. Today's closing action could be an expanding wave 'iv' after a 'iii' hit 3/26. Cash high from 3/17 is holding but is being challenged. The cumulative strength on vector parameters has fallen daily from 91% - 53% - 40% (3/25 - 3/29 close) without an intra-day failing parameter (reversal down) nor a confirming top yet so evidence suggests an expanding wave 'iv' so far.
Note on the histo bar daily counts for #1 and #2 we had approx 6 and 11 days respectively before an accelerated move down. So far we are at daily count 13 for the third pattern if that is what it is developing and that would make sense from a combined total structure point of view involving '3' waves on the breadth patterns.
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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
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