EOD: Tentative closing data shows a turn down signal. The numbers need to be confirmed as everything gets reported throughout the rest of the evening. However.. the numbers are fading from optimal and are less likely to validate a turn signal down. More waiting is probably in order.
Original post-
Previous event target 11/5 began an observable movement. Supporting alignments seem to be converging. Not likely to be a terminal top just yet. Watching daily closing price vectors for a turn down signal. Chart: volatility derivatives often give the best patterns regarding the overall market.
Summation index [daily] MACD print has gone from +13% above the red signal line on 11/11 to less than +3% on 11/16 so it is getting closer to crossing below also supporting this outlook date.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report
Wednesday, November 17, 2021
Next Event Window- Target Date 11/22/21
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