cci 50% retrace from last divergence.
See below. Testing out a hypothesis that the 50% level of the last major divergence drawn to the start of the current (or evolving) one means "activation". See chart below
Note
See also the VXX which if it gets to around 35.50 could mean a major reversal for the indicies (spy and spx500) and the rest of the market.https://ttps://www.tradingview.com/x/erF1NGGl/
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.