An expanded wavelength search to help confirm the current frequency targets for 2021 - 2022 has a full-span target date coinciding with current target highs 11/4/21 - 11/16/21 that are holding for volatility lows [and associated instrument inverse volatility highs]. The local time target calculation stretches to 3/27/22 or more which could produce an index high / inverse VIX high / inverse volatility instrument high in that window - However it looks like the high for SVXY / inverse VIX high could be in. This is a second exploratory study- a primary study using different indicators is also targeting the same dates long term / medium term and short term [local]. Upper chart: SP-500. Lower chart: SVXY - and there is the 11/16/21 top and decline event.
Current live charts: watching for turn signals but potential for another visit lower has favorable odds after this retrace prints. 1/29/22 is a frequency target calendar date [sessions 1/28 - 1/31] which certainly could be the retrace high time frame. An ES marginally lower low could still print on the diamond lower trend line and maintain the symmetry relationship in the structure. Either way, another low is likely.
A critical volatility derived indicator [in combination with the 11/4/21 - 11/16/21 long term frequency target] is not yet bullish so the local time frequency target dates are for lower highs and until that indicator reverses, that will likely remain the case. It is currently down over 200% from those highs so it will take some major leverage to reverse it. If a sufficient reversal does occur, it will be reported in a post.
Terminal top outlook: A volatility turn signal [market down] is likely required to print at a terminal high degree top since that has occurred at all major tops in the last few decades. Most likely the market is printing a double digit [pivot or prequel] decline currently as happened in 2000 [similar decline %] with a market turn signal down [upro on 1/13/22] but without a volatility turn signal which may come later [late March/April '22]. An all-time higher inverse volatility top is not required for a volatility turn signal to print so the current highs 11/4 - 11/16/21 could remain unchallenged until then.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
Current live charts: watching for turn signals but potential for another visit lower has favorable odds after this retrace prints. 1/29/22 is a frequency target calendar date [sessions 1/28 - 1/31] which certainly could be the retrace high time frame. An ES marginally lower low could still print on the diamond lower trend line and maintain the symmetry relationship in the structure. Either way, another low is likely.
A critical volatility derived indicator [in combination with the 11/4/21 - 11/16/21 long term frequency target] is not yet bullish so the local time frequency target dates are for lower highs and until that indicator reverses, that will likely remain the case. It is currently down over 200% from those highs so it will take some major leverage to reverse it. If a sufficient reversal does occur, it will be reported in a post.
Terminal top outlook: A volatility turn signal [market down] is likely required to print at a terminal high degree top since that has occurred at all major tops in the last few decades. Most likely the market is printing a double digit [pivot or prequel] decline currently as happened in 2000 [similar decline %] with a market turn signal down [upro on 1/13/22] but without a volatility turn signal which may come later [late March/April '22]. An all-time higher inverse volatility top is not required for a volatility turn signal to print so the current highs 11/4 - 11/16/21 could remain unchallenged until then.
The bots will flag here when they see a top. (1/25/20, 2/20/20)
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