January 26, 2022

Volatility Reports 1/26/22

“Do not wait until the conditions are perfect to begin. Beginning makes the conditions perfect.”

Two of the most profitable patterns chart watchers can come across are the irregular top and the extended fifth. They are rare but worth the wait. They are unorthodox from an EWT point of view because its the third wave that is normally extended and tops normally finish on a five wave structure

Irregular is a new high like the one shown on the Glamor/value ratio chart inserted below where point (B) was achieved on an A-B-C advance as opposed to a motive wave, five-segment structure.

It is also worth repeating TEM’s monthly charts revealing where panic buying began, which is where the market’s risk level is and

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