Potential Precursor Signal Showed Up On The Daily

See prior post from 9/1/21
-note the target extensions from that post. The market has made very hard work getting here. The leg that began from late June is still to complete per the extensions shown back then.

There are many ambiguous signals occurring so staying focused on actual data numbers is important. VXX hit a 1.17 relative ratio [over-bought] value today at the close which previously has flagged a pending top. The typical basis value is 0.50 +/- so 1.17 is highly elevated. This particular parameter [see chart] has shown up on other occasions and is often an indication that the market 'heat' is hitting extremes. Also- it seems that many initial offerings are going exponential overnight so the feeding frenzy continues at least until the bids dry up.

A turn up signal in volatility could have significance in the next week or so. The early to mid November time widow is on the radar for a potential turn up in volatility based on a special 'half-span' progressive time calculation. It remains to be seen if this next estimate hits somewhere between now and early November. A possible double-hybrid time window projection is also a potential pattern with the smaller target very soon and a larger one to come as noted below. [This may fit in with the expected large degree top yet to come as a more complex long-term pattern is likely with a high degree terminal top]

Update: there may be two additional [larger degree] targets to the November time frame target as it looks like an inversion spike may have printed on the 'half-span' basis wave used to calculate the projected date. The first alternate takes it out to early December [12/6/21] and the second even later than that into early 2022 [1/15/22] which does seem possible given some other patterns. However- remaining flexible on these targets while relying on turn signals inside daily criteria to ultimately decide directional changes.

The bots will flag here when they see a top. (1/25/20, 2/20/20)
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and here's what was posted back in Sept. '21: note the purple line extension where wave 'v' = wave 'iii'. The market has entered this particular zone and is definitely flashing amber.