I noticed the SPX Daily Cycle paused at R3 extreme last week.
The weekly R2 and the monthly and Quarterly at R1 The yearly is in no-wheres land...
Note; I also noticed that this trend is quite different and trading higher than the last pauses. the yearly suggests a straight up on the DOW to 15459 before we see any major pullback...
Have you noted VVIX, it tracks the SPXS and UVXY positions better I think.
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