A solid Front Run of the Trend Line and Price Objective
was SOLD by the HFTs.
It will re-test and attempt to collect more energy with
Sellers entering once again ahead of the EU Session wind
down.
4 Hour is looking weaker as is the 2 Hour.
.764 has been the Launch level to backtest and squeeze again,
This has been the pattern all week.
VXN in 21s with the Sharp Negative Divergence to NQ Price bottoming.
A/D is attempting to Creep, while Crude fails the HWB of the prior decline,
which may be a failed breakout at highs, again.
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The larger issue, it's the last full day this week, so we're screwed as the
VX Complex remains in beat-down mode.
21.58 is the Full Retracement for the VXN - c@ 21.65, breaking the 21.59 leads
to higher highs...