EOD: The market is now in the 5-6 week timing window for VIX to begin incremental moves up. The timing is calculated from the date of the previous low for VIX on 4/14/21. It is also in the normal percent range of 4-6% above the previous low so we will be watching to see if this commences. During this 'phase' the market may generally progress up and VXX makes new lows while VIX makes higher lows. The next event will likely be a market move to correct at some degree. Today did see a move up in VIX near the close so let's see if VIX does continue to progress up- that will be a 'heads-up' situation where we focus on micro moves up in volatility around low targets in VXX. This is not the top but signs on the way.
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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