January 20, 2021

Volatility Reports 1/20/2021

If the January high pivot holds, it would set up an “event-based cycle” (EBC) with a particular two-year pattern. More on that in MarketMap-2021 Issue#4.

If today’s rally fails to hold, the cycle is pulling the market lower into January 29+/- 1 day.

The checklist for the bearish engagement of hedges and investments is not ideal yet, which leaves LT and I-T investors risk-off.

Part of that checklist is  

This work by Jack Cahn is licensed under a Creative Commons Attribution-NonCommercial 4.0 International