EOD: ES 4230 has two sources pointing to this extension calculated target.
2:18pm EST:
Occasionally we like to see if the 'Pi' time cycle geometry has any alignments pending. There appears to be one for the week-ending tomorrow so we shall see if that is relevant by the close then [high or low print or acceleration]. Closest explanation relates to the swinging of a pendulum in an arc [circle segment] and the swing period then equaling a whole number value of the elapsed calendar days as a function of 'Pi' [in this case divided by 'Pi']. We are sure some with better math and geometry expertise could detail this general comment more specifically. It has quite often shown an alignment with price / other actions.
1:07pm EST: Five waves down counted on a three minute chart x 1% decline could be a respectable start to whatever this turns out to be. In this exuberant buying market, more confirmation than that will be required.
Original post:
f the hit on UVXY continues through the next few trading sessions, there could be negative weekly breadth prints on the horizon. For a clearer description of how that fits expectations, see previous post here.
Most likely the majority see nothing unusual in this price action. Still no confirmed top and higher prices are yet to print eventually but we remain very focused on developing parameters. Whenever new all-time highs become expected and commonplace- that will also be the time to double-down on the macro and micro parameters.
See Critical Long-Term UPDATED 4/12/2021 Review Here
The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
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