ES - Daily / Weakening Structure - 4X Divergence Building NOW
Price is now forming an even larger Divergence on the Daily & Weekly Timeframes.
The Upper Limit remains the 4800 UTL.
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There is some issues art the Sports Book.
2 counter Trades have developed.
Much as the ES Options Prems have developed for DEC.
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The VIX will need to defend its Level for tomorrow, today.
For now, the VIX is indicating a selloff for today is a well over 75% probability.
We shall see.
.764 Levels for all indices are not Resistance, they are Catalyst Levels.
HIgher High or H & S... developing, either way, what arrives after is a potential Nightmare before XMAS.
The Upper Limit remains the 4800 UTL.
_______________________________________________________________________
There is some issues art the Sports Book.
2 counter Trades have developed.
Much as the ES Options Prems have developed for DEC.
________________________________________________________________________
The VIX will need to defend its Level for tomorrow, today.
For now, the VIX is indicating a selloff for today is a well over 75% probability.
We shall see.
.764 Levels for all indices are not Resistance, they are Catalyst Levels.
HIgher High or H & S... developing, either way, what arrives after is a potential Nightmare before XMAS.