Monthly Forecast Array Articulation
On the Monthly Level, our first target was December 2021, that is reinforced by also a Directional Change
Target. However, we also see that there is another Directional Change due in the next session given that the
previous Monthly session of November 2021 was a high and also closed strong above the former high with a
continued rally if this session's high 14142 is exceeded moving thereafter into March (NOTE: this can be
intraday or on a closing basis).
The strongest target in the Monthly array is March for a turning point ahead, at least on a closing basis. We
have Monthly Directional Change targets due in December 2021 and February.
We have Monthly Directional Change targets due in December 2021 and February. Don't forget, a Directional
Change can also be a sharp dramatic move in the same direction, not just a change in direction.