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

[TeaCake]

From this mornings (post 1943?)...

At some point, we are going to be looking at SPX and wondering if we are looking at a the right shoulder of a year wide HnS (for the traditional TA people) and or wondering if 1867 was/is an abc(A) of an even larger ABC...

That right shoulder would be 2020ish...so I ain't trying to sell either bull or bear since I don't believe in either one til I see it. That is why I am concerned with that 3 of 5 being 2008ish - that is a place to be surprised by a 3 turning out the be a C. I want my signposts for both views...til then, I stick to 5/15 minute charts.

We will see which one starts quacking...<g>