12:31pm EST: Setting up for a final push up to be underway by tomorrow Fri 12/10/21 through Mon 12/13/21. Depending on how Fri 12/10/21 closes, Mon 12/13 -Tues 12/14 has the potential to be a pop / drop.
Original post-
Alignments are ALL closing in. A final [terminal top] looks possible for Feb 14 '22. That would make this structure a medium sized pivot larger than 'normal' which would be expected considering the potential degree of the top expected early in '22. The high in SP-500 on 2 x half-span date: 11/22/21 is still holding. In any case, a new higher high may not matter at this point. There will most probably be new highs at the terminal top in '22. Remaining attentive to any prospect of this morphing quickly into a terminal top from here. The speed and size of any forthcoming decline accelerations will give a clue.
The VXX target zone is becoming fine-tuned and will be a strong potential for events to begin when hit. [currently 20.62 zone]. A volatility turn signal up [market declines] may or may not be expected since this structure is extending it's time span and turn signals already printed on 11/22/21.
Blog-sphere and media turning positive: a contrarian might see that as a red flag. Not looking at flags of those kind however- only data and patterns mean anything when analyzed correctly.
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
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