Pop and drop was a possibility today as noted on the chart from 12/10/21. So far that has happened but no closing turn signal yet so some more to go. Could be fairly soon. The fib origin at 4664 zone retraced almost the whole amount down after the 100% fib hit at 4731 [4733.5 target]. Breadth was negative but not extreme so could be open to a turn signal any day now. VXX did bounce at it's first target zone. There is a lower target zone but if a turn signal prints prior to that being hit, all bets are off.
SP-500 high [2 x half span target on 11/22/21] still holding.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
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Monday, December 13, 2021
ES Close Enough To 4733.50 For The Pop
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