11:10am EST: ES 4678 is a secondary fib extension target in c/iii zone. Could be printing a diagonal expanding triangle to get to that price zone. These types of moves will likely assist in the summation index rolling over at the daily degree towards a completion move up in price near 11/5 - 11/9 time window. A double-top may be printing in the inverse VIX currently but there is room for it to move higher [inverse vix higher --> market higher]. Estimated first draft price targets for the next pullback are April - June '21 window. That would be roughly in the 38 - 50% pullback from the current zone of the leg that took off from Sept '20. Seems like a pessimistic projection but those are potential numbers according to patterns and vectors unless it's way off but keeping it there for now. Changes to the outlook will be posted accordingly.
Original post-
Anywhere in the shaded zone will do. VIX will print a zig-zag down of two equal legs [take- off from 9/20/21] when it arrives at 13.71 so that could be a target just below it's current position. This would also indicate an a-b-c down in VIX. If there are more legs to the structure, that will be soon apparent. There seem to be a few price target alignments occurring close to the 11/5 - 11/9 time window target.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
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