VXRT bullish bullish momentumChart posted approx 10:42 am ET. I have been in this one since the last pump to 9.15.. and it immediately sold off. Holding because there are some significant signs of a BIG swing back up. Given the recent variant and delta cases going up helps support this. However what tells me there may be some upside potential is the Harmonics. VXRT doesn't seem to be giving up the ghost. We are consolidating on what appears to be extreme bull support of a 786 on the crab pattern (blue)- ranging as well. Keep in mind we have already moved back up on the bearish shark (yellow) without failing- this is added energy to go upside. Both of these are fueld off a bullish crab pattern as well. This is hella bullish for me. This is yet another embedded harmonic pattern - the macro pattern is bearish butterfly. You see these when the markets are unsure of themselves. VXRT is gaining some ground today. When this moves it will move quickly. Target here 12.23-12.50 on low side, and 16.40 extreme side. Lets go SET STOPS if you need em.
