Futures 12/27: Blog-sphere is mostly in a positive frame of mind. We all know how that plays out in bizarro world quite often especially if minor / primary frequencies are arriving or getting close to arrival at the platform in question. It isn't a coincidence as in the randomness aspect of the word- more like these two often do occur 'co-incidentally' fixed together near target dates. *ES 4733 and 12/23 +1 = 12/27 [session] are still targets as is VXX @ 19.39 zone.
7:52am EST: *Futures have hit 4733.50. There are always other extension targets higher- we should know by tomorrows' open. Perhaps prices will slide up the trend line to an obscure price level since a minor top is likely.
A valid turn signal should be the next good clue to directional intent. The more likely time target for one to show up may be around 1/7/22 +/- 1 [potential primary high]. The daily summation index finally got a small 'bump' on the stochastic after bottoming on 11/26/21 so this is most likely an indication that a minor top could be on it's way. The MACD is trying to turn up but is having limited success so far.
Original post-
12/23/21 +/-1 is a minor high target date using frequencies at two degrees-
i] 9/28/21 -- 11/10/21 -- 12/23/21 calendar days span [shown on chart].
ii] 6/18/21 -- 9/20/21 -- 12/23/21 calendar days span.
Bottom chart shows a potential target completion extension for 12/23/21.
Note that 11/4/21 is still not under immediate threat and is a target date that originated back in April '20 [met in SVXY so far] - the implication is that the terminal zone may well be closing in considering this behavior of volatility derivatives. Even if it does get taken out, the timing component is still valid as we approach early '22.
As expected- lots of 'Santa Claus' rally exclamations. A nice mood lifter in keeping with the season.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
7:52am EST: *Futures have hit 4733.50. There are always other extension targets higher- we should know by tomorrows' open. Perhaps prices will slide up the trend line to an obscure price level since a minor top is likely.
A valid turn signal should be the next good clue to directional intent. The more likely time target for one to show up may be around 1/7/22 +/- 1 [potential primary high]. The daily summation index finally got a small 'bump' on the stochastic after bottoming on 11/26/21 so this is most likely an indication that a minor top could be on it's way. The MACD is trying to turn up but is having limited success so far.
Original post-
12/23/21 +/-1 is a minor high target date using frequencies at two degrees-
i] 9/28/21 -- 11/10/21 -- 12/23/21 calendar days span [shown on chart].
ii] 6/18/21 -- 9/20/21 -- 12/23/21 calendar days span.
Bottom chart shows a potential target completion extension for 12/23/21.
Note that 11/4/21 is still not under immediate threat and is a target date that originated back in April '20 [met in SVXY so far] - the implication is that the terminal zone may well be closing in considering this behavior of volatility derivatives. Even if it does get taken out, the timing component is still valid as we approach early '22.
As expected- lots of 'Santa Claus' rally exclamations. A nice mood lifter in keeping with the season.
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.
No comments:
Post a Comment