More similarities with a major top..
Critical take-away is that an index turn signal just ahead of a double-digit decline in the SP-500 with no adjacent volatility turn signal printing is rare and here it is at the 2022 short term top. The parallel with the Jan 2000 pre-top which also had an index turn signal on 1/18/2000 is very noteworthy. Historical data from 2000 is no longer available to determine whether a volatility turn signal printed then or not. The importance of the volatility turn signal is that it would normally print at higher degree [terminal] tops. However- expect a terminal top to be approaching as it did in Sept 2000 when another index turn signal printed on 9/5/2000 and likely, a volatility turn signal printed thereabout resulting in a high degree decline next.
Note the 8.6 yr time cycle [derived from the geometry 'Pi' constant applied to wave cycles via time interval rotations]. Here it is at the x 2.5 time factor from Jan 2000 until now. Currently also at the 2.15 yr mark since 2020 top and quarter cycles are often significant.
[A search on the internet will produce many good descriptions and examples for the 8.6 yr cycle. It is very significant especially at the x quarter time intervals and here we have 10 of them back-to-back. Round number factors have been shown to have importance in this 'Pi' derived time process.]
Current ES status: retrace target date is 2/3/22 +/- 1 then more decline likely.
Note that target date highs could be filled by- index highs, inverse volatility highs or derivative instrument opposite pair highs/lows- separately or all together. Whichever way it divides [rotates] the higher degree trend is the driving engine.
Current examples- SVXY high 11/4/21 holding, ES high 1/5/22 holding [both high target dates +/-1 were published in advance and were filled at that time significantly by an index or instrument]
Flags will be posted here when a top is detected. (1/25/20, 2/20/20)
Critical take-away is that an index turn signal just ahead of a double-digit decline in the SP-500 with no adjacent volatility turn signal printing is rare and here it is at the 2022 short term top. The parallel with the Jan 2000 pre-top which also had an index turn signal on 1/18/2000 is very noteworthy. Historical data from 2000 is no longer available to determine whether a volatility turn signal printed then or not. The importance of the volatility turn signal is that it would normally print at higher degree [terminal] tops. However- expect a terminal top to be approaching as it did in Sept 2000 when another index turn signal printed on 9/5/2000 and likely, a volatility turn signal printed thereabout resulting in a high degree decline next.
Note the 8.6 yr time cycle [derived from the geometry 'Pi' constant applied to wave cycles via time interval rotations]. Here it is at the x 2.5 time factor from Jan 2000 until now. Currently also at the 2.15 yr mark since 2020 top and quarter cycles are often significant.
[A search on the internet will produce many good descriptions and examples for the 8.6 yr cycle. It is very significant especially at the x quarter time intervals and here we have 10 of them back-to-back. Round number factors have been shown to have importance in this 'Pi' derived time process.]
Current ES status: retrace target date is 2/3/22 +/- 1 then more decline likely.
Note that target date highs could be filled by- index highs, inverse volatility highs or derivative instrument opposite pair highs/lows- separately or all together. Whichever way it divides [rotates] the higher degree trend is the driving engine.
Current examples- SVXY high 11/4/21 holding, ES high 1/5/22 holding [both high target dates +/-1 were published in advance and were filled at that time significantly by an index or instrument]
Flags will be posted here when a top is detected. (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
Our favorite go to site- McVerry Report
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