"VXX hit a 'classic' extension lower at 32.80/[32.51-next]" - 32.51 is holding so far and breadth looks to be peaking so we will have to see what breaks first. ES 4242.50 was a potential next higher target.
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)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report
Seems feasible. What I noticed was that NYSE summation index ticked over a little. So it could be now summation index for all index rollover together which is what happens at every large degree.
ReplyDeleteVarun, Thank you for your observations. Often these indicators do lead or lag each other but eventually synchronize more or less when conditions approach a critical juncture so perhaps that is now happening. Stuart
Delete