Yesterday many thought we were reversing again as we had a h...

Yesterday many thought we were reversing again as we had a huge bull trap(its supposed to look like that to retailers), but I said to sell the rip. Why? We are in wave 3. Wave 3 is full of traps and will be the most painful wave in the entire structure like I said.

Secondly, hours before US session opened, many who shorted were afraid of a reversal as the trap was so convincing. I don't blame the inexperienced, its made to deceive. But I warned of a inverted vix curve. What is that? Inverted vix curve precedes a LARGE fall. It didn't disappoint. Data and indicators were all pointing to a huge fall. Why even try to fight that?
We have just started yesterday, it's not about to end yet so don't hold your breath.

Wave 3 will last until next week Monday or Tuesday. Following that a violent counter trend which is wave 4. Is that your signal to buy? Nope. We still have wave 5 down. But if you think otherwise, be my guest.

Some will start calling to buy the dip next week as we get this rally. Just like on 24th Jan. Look what happened? Lower lows. I mentioned 1 week prior that we were about to get the relief rally and it was a good time to unload your trapped stocks you bought at the top because we were about to go lower. Some questioned if I had a crystal ball. Now they probably thinking I have a magic 8 ball at home.

Let's focus on wave 3 first and get into the other waves as we conclude this hopefully by next week. We have price targets for NQ(NDX Futures) at 12.8k to 12.2k for this wave. We are falling fast which is what was already mentioned in the video. Margin calls and stop losses activated after we broke prior lows which was expected to be happening this week. We could hit those prices by next week and end wave 3 on 1st march instead of the extended count on 11th March.

I am happy many of you are making profits in this volatile market where even many experienced traders are losing and most have decided to stay out of the market. As I said, everyone is a genius in a bull market. But to navigate a market like this, it's a whole different level. It is in markets like this experience will prove useful.

Do watch the videos to understand more and please do not ask questions that are already answered in the video. Otherwise I have to reply 300 questions daily. Try not to ask if you should buy or sell at certain price. I will give you my price targets. Ultimately You are the captain of your own ship. Don't let anyone else take the wheel.

Stocks tagged have their analysis and support/resistance levels. If it broke all those I mentioned due to the aggressiveness of wave 3, watch it on a desktop and the green lines are the further supports and purple lines are key supports.

As always trade safe and invest wise!

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