Tuesday, June 29, 2021

These Three Things Are Required To Create A Top

EOD: Still waiting for what could be a wave 'v' up to complete. See this post.

"Are we there yet?" ah..yes..those famous words that betray impatient passengers. What does the sage say? .. Three things must ye see:

#1 Tail Down,
#2 VIX Up,
#3 Breadth Down.
[note the 200ma is down 26% from 11/11/2019 high and also has turned down 7.5% since 6/7/2021]

That's it apart from the micro-signals that we often can spot as they occur. Most likely headed for the 'Pivot' first.


See Critical Long-Term
UPDATED 4/12/2021 Review Here
The bots will flag here when they see a top. (1/25/202/20/204/9/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report


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