ChartsEdge has posted their intraday cycles map for tomorrow, 4/22, publicly at their daily maps page: www.Chartsedge.com/wp (always included in the "other sites" listed at right). If the US equities markets can trace out that pattern without going under today's low of day, then it's easier to see how their week-cycle forecast may yet yield another high for this rally. So I'm not going to rush judgment on that possibility. But what about the VIX?
First, the market can go higher without VIX going lower. Second, it might be possible for VIX to need to complete a pattern that still resonates around 33.81. I don't really see this as very likely. Elliott Wave - check Tony's update for thoughts on that (Andre's subscribers have Andre's thought too).
More tomorrow morning!
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