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 vi...