9:46am EST: There is a 3-day positive divergence developing on inverse-VIX with today being day 4 if it continues. Upside is still limited based on the current set up but buyers are buoyed by the vacuum that's being filled above.
Original post-
Very little outside the time and amplitude waves / frequency cycles that drive celestial and earth-bound events matter inside the trading fraternity. Think of these 'cycles' as very reliable influences if that makes for better understanding and acceptance. It's not even a 'market' decision. We each make a choice in regard to buying and selling but only as a reaction to the master forces driving nature and human events. Understanding the barometers and thermometers that tell us what is likely happening with the weather inside is key. Even a country with the largest land-mass in the west or east has little to no effect on waves already set in place apart from short-term whipsaws. Stick with discerning the data. It's what we've got.
If the analysis is still on track, it looks like a structure is still in it's early stages and hasn't yet 'taken-off' to the downside or anywhere else really- whether a diamond is building or not. The next decline could give the structure a bottom [of an apex?]. Expectation is for this structure to get even larger. A terminal top may appear at or slightly above the all-time highs later in the year / early-mid '23?. That is, according to the wavelengths from pre-1995. There is no other magic [or sadly, invasion] involved.
What we've got right now is mostly air rushing back in to fill the vacuum left by the steady unwinding from big players. They aren't done yet in either direction.
A target high estimate date is for Friday 3/4/22 +/- 1. It could also be a low or an event. As it closes in, a better understanding will probably become clearer from VVIX movements at that time. Increasing VVIX will be a heads-up for a potential retrace top especially if an adjacent turn signal prints [market down] in either an index or a volatility instrument. The next potential high date window after that is 3/23/22 +/- 1.
Expect the news to change and be tied to market events as the week proceeds- apart from knee-jerk whipsaws, not much to write home about while trying very hard to draw that connection. You could be studying the waves from inside a cave with no news feed whatsoever and perform respectable analyses. There are also war cycles proceeding as separate entities although that is a horrible concept and sometimes they overlap with market cycles where the phases get close - peak to trough, peak to peak, other alignments at various degrees etc. This is often how the 'cause-effect' in the general consensus is created.
Technical comment: A potential fourth hard leg 'g' down is being assessed - [7-wave corrective a-b-c-d-e-f-g decline] OR: [readers will know we push the envelope out if data supports it even 50% = moving to 'b' or 'd' - 'd' may have the edge.]:
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
No comments:
Post a Comment