Index and $VIX Tops and Bottoms (No Pennies!!!!)

[TeaCake]

Gurus screaming up! Gurus screaming down! (Me, too! One or the other with 5-1 odds on bounce!<g>)
But 'what if'....I definitely love a good flat - as long as I know what it is...
Edit - just to be clear - just having fun. I STILL think I have a XIV roadmap.



Not sure...but this could be done...or not<g> (from 5min chart)

Looked closer...from 1948...
i=1948 1914 - 34
ii=1914 1929 - 15
iii=1929 1873 - 56 (1.618 x 34 = 55)
iv=1873 1890 - 13
v=1890 1867 - 23

Would be iv and v each in 1 5min bar which I do not care for at all...
See if it can clear 1914.60...

Pennant has to break sometime...but which way? <g>

Look at the odds and place your bet...or be like TREND1 and wait on the trend change and follow it...