Bull Trap! The Market Crash is Well Underway
I believe this past week was one giant bull trap. One of the primary reasons for this is the strength of TNX and fed fund futures adjusting after more strong jobs data to end the week. DXY went back to beast mode as well. Treasury yields are the single greatest threat to the market in my opinion and I believe the market is going to come to the realization that we are not getting any cuts this year.
I think this.is written all over the market, a major top is being put in as we speak. I think the reaction from silver and BTC today says a lot. My only question is, what is wrong with VX? How can it be so low if we're actually about to crash. I have never seen such bearish charts without a strong VX. Very tricky IMO. Will follow up with videos and more on the short thesis.
I think this.is written all over the market, a major top is being put in as we speak. I think the reaction from silver and BTC today says a lot. My only question is, what is wrong with VX? How can it be so low if we're actually about to crash. I have never seen such bearish charts without a strong VX. Very tricky IMO. Will follow up with videos and more on the short thesis.
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