Update 12/17/21: There is a target date internal to the retrace up for the following Friday next week 12/24. So that zone post-Christmas[?] may print an event/turn signal if there isn't one today/Monday.
Original post-
Possible 5th wave hit at fib extension target as posted here. Now, a frequency target calculates to 12/17/21. Still no turn signal and VXX [volatility] may have a marginally lower number alignment yet to hit so Friday/Monday could get SP-500 cash close to all of these. Weekly breadth is pretty much in the toilet at the moment if you'll pardon the expression.
The main contrarian set-up to this scenario not working at a larger degree is the blog-sphere sounding alarms. It has been enumerated here that a terminal top is less likely now but a corrective move of some size is pending. Perhaps the time frame will extend while prices remain range-bound inside targets until everyone is joyful again. There is also another possibility that has been considered: an expanding triangle [megaphone] may be in play with the recent accelerating leg up being a 'C-D' leg which readers of this blog will recognize in the label protocol for megaphones to be fast and a precursor to an 'E' leg in the opposite direction [market decline]. If this materializes, the 'E' target hit lower will likely start a new leg up. This will blind-side more than a few. The early '22 terminal top may then become the next higher target. Let's take it one signal and frequency at a time for now.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
Original post-
Possible 5th wave hit at fib extension target as posted here. Now, a frequency target calculates to 12/17/21. Still no turn signal and VXX [volatility] may have a marginally lower number alignment yet to hit so Friday/Monday could get SP-500 cash close to all of these. Weekly breadth is pretty much in the toilet at the moment if you'll pardon the expression.
The main contrarian set-up to this scenario not working at a larger degree is the blog-sphere sounding alarms. It has been enumerated here that a terminal top is less likely now but a corrective move of some size is pending. Perhaps the time frame will extend while prices remain range-bound inside targets until everyone is joyful again. There is also another possibility that has been considered: an expanding triangle [megaphone] may be in play with the recent accelerating leg up being a 'C-D' leg which readers of this blog will recognize in the label protocol for megaphones to be fast and a precursor to an 'E' leg in the opposite direction [market decline]. If this materializes, the 'E' target hit lower will likely start a new leg up. This will blind-side more than a few. The early '22 terminal top may then become the next higher target. Let's take it one signal and frequency at a time for now.
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.
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