Sunday, November 21, 2021

Set Up For Impending Minor Decline

UPPER: SET UP FOR IMPENDING MINOR DECLINE [11/5/21 is the target date for a potential volatility bottom]. Dates 11/22 through 11/30 are optional dates for other volatility bottoms/index highs/turn down signal.  Note- a decline of relative minor degree is anticipated. A target date of Feb '22 is the potential for a much higher degree top to commence. Also the indexes/volatility instruments all have their own target dates which can differ as noted [typical at tops].

LOWER: REPOST OF CHART FROM PRE-OPEN **[11/19/21 is the target date for potential SP-500 high]: ** 11/19 in error, should be 11/22

reprint from Friday's close-
EOD: no turn signal print today but SP-500 may have completed the leg up as **11/19/21 calculates to it's half span [x 2] on the leg up beginning 10/4 and also on the higher degree leg up beginning 5/12/21. A turn signal in the coming sessions will help to confirm.

also NOTE that the higher degree 1/2 span date referenced, 5/12/21 gives a potential decline price target area towards May '21 prices.

The bots will flag here when they see a top. (1/25/202/20/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.

Our favorite go to site- McVerry Report



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