The previous assessment that a medium-term diamond top was printing is now being questioned. Rather than attempting to fit an appropriate structure, a new analysis looked deeper at wave lengths and frequencies that hold obvious merit. This is part of the on-going re-evaluations at the higher degrees especially when developments appear to be moving away from expected outcomes within certain time-frames.
Whatever the structure ends up being, wave alignments are signaling a potential earlier termination to events in the market at least in the medium term. The next expected decline is still anticipated after a turn signal [mkt down] prints. If no signal prints within the next several sessions then other routes will need to be looked at.
Note the last downward conjunction of the two frequencies shown was approx. mid-2017 which was only a few months prior to the catastrophic collapse in inverse VIX derivative 'XIV' which was destroyed at that time. Also note these are not random wavelengths but are based around the Pi constant which we have eluded to in prior posts as having historical proven significance in the market oscillations as well as it's obvious presence in time cycles in the physical world. This is always a best estimate based on observations, they do however align with other wavelength calculations all the way back to 1995.
Commentary: please, if you can, try to send anything to help those under attack right now. Thank you.
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