A momentum turn signal [mkt up via volatility instruments moving lower] printed at the close. Not a full *turn signal at value 32 [/37-53, vix -4.7, f 2.4] so upside is limited.
*For example- a momentum turn signal [mkt up] value 34 [/37-53, vix -9.3, f 2.0] printed on 1/28/22 when this recent leg accelerated up. The current signal appears to be less intense particularly in the 'value' and the vix parameter.
The ambiguity currently is likely best resolved by two signal movements: 1) put-call ratio [cpc] next moving down to a lower value and a 2) full on turn signal [mkt down] adjacent or coincident with that. The turn signal could be in an index or volatility instrument or both. An update will report whenever that occurs after the close, at or near to the day it happens.
Event target dates are calculated to occur 2/7 - 2/9/22 +/-1 using the formula for high target date prints. This could be a lower or higher high than the most recent one that printed. The summation index is still trying to print a low and given the lack of retrace beyond 0.62 in ES, a lower bottom in the diamond structure is a good possibility if the decline recommences from below the 0.62 retrace high.
There is a fibonacci span beginning 1/24 [bold white label, 0.0] that hits 0.62 in two places and completes at the recent high [1.0]. This lends weight to the limited move up in the current price area.
The diamond structure does not look completely matured yet. The multiple-point symmetry in the structure is extremely unusual. A structure with this amount of symmetry is rarely, if ever seen and is baffling from that point of view, but here it is so far. No group has total control, the wavelengths do, but there seems to be a marriage here that is occurring whatever the underlying cause. It is a big flag if it continues this way uninterrupted to a conclusion. Maybe the phenomena is entirely incidental but the actuality of what seems to be occurring is notable in such a well-defined geometry pattern over a long time period.
-------------------
Lower chart is a speculative concept going forward based on the current geometry of a 15-day [session] time frequency and multiple trend line point alignments.
Flags will be posted here when a top is detected. (1/25/20, 2/20/20)
*For example- a momentum turn signal [mkt up] value 34 [/37-53, vix -9.3, f 2.0] printed on 1/28/22 when this recent leg accelerated up. The current signal appears to be less intense particularly in the 'value' and the vix parameter.
The ambiguity currently is likely best resolved by two signal movements: 1) put-call ratio [cpc] next moving down to a lower value and a 2) full on turn signal [mkt down] adjacent or coincident with that. The turn signal could be in an index or volatility instrument or both. An update will report whenever that occurs after the close, at or near to the day it happens.
Event target dates are calculated to occur 2/7 - 2/9/22 +/-1 using the formula for high target date prints. This could be a lower or higher high than the most recent one that printed. The summation index is still trying to print a low and given the lack of retrace beyond 0.62 in ES, a lower bottom in the diamond structure is a good possibility if the decline recommences from below the 0.62 retrace high.
There is a fibonacci span beginning 1/24 [bold white label, 0.0] that hits 0.62 in two places and completes at the recent high [1.0]. This lends weight to the limited move up in the current price area.
The diamond structure does not look completely matured yet. The multiple-point symmetry in the structure is extremely unusual. A structure with this amount of symmetry is rarely, if ever seen and is baffling from that point of view, but here it is so far. No group has total control, the wavelengths do, but there seems to be a marriage here that is occurring whatever the underlying cause. It is a big flag if it continues this way uninterrupted to a conclusion. Maybe the phenomena is entirely incidental but the actuality of what seems to be occurring is notable in such a well-defined geometry pattern over a long time period.
-------------------
Lower chart is a speculative concept going forward based on the current geometry of a 15-day [session] time frequency and multiple trend line point alignments.
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.
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