Today was a massive spike up. Basically a huge gap in the morning and it never looked back. That basically screwed up all the counts that are out there right now. Above is a relabel I did tonight. Now it is still possible that last nights count is still correct and we are ending a minuette (iv). How is that? Well it could be the ever elusive unicorn-like cousin of bigfoot expanding leading diagonal. Most forecasts have very high targets right now and have this as minute (ii) with at least a week of rise. I on the other hand think we only have as little as a day left potentially.
The close under the 20MA on the VIX leads me to believe we will have a trip to the lower BB before the upper one. How long that trip my last is still unknown. Time wise I am looking at 1-3 days.
BPSPX:CPC says stay short!. The massive spike up today was was not that large on this super sentiment indicator. Basically the MA's moved closer together today.
Today was a massive spike up. Basically a huge gap in the morning and it never looked back. That basically screwed up all the counts that are out there right now. Above is a relabel I did tonight. Now it is still possible that last nights count is still correct and we are ending a minuette (iv). How is that? Well it could be the ever elusive unicorn-like cousin of bigfoot expanding leading diagonal. Most forecasts have very high targets right now and have this as minute (ii) with at least a week of rise. I on the other hand think we only have as little as a day left potentially.
The close under the 20MA on the VIX leads me to believe we will have a trip to the lower BB before the upper one. How long that trip my last is still unknown. Time wise I am looking at 1-3 days.
BPSPX:CPC says stay short!. The massive spike up today was was not that large on this super sentiment indicator. Basically the MA's moved closer together today.
