Markets have bounced this week in an AB and current C rally. As expected from our last idea, this is setting up for one of the greatest shorting opportunities that present themselves.
Look for a rally on Friday and possibly into early next week to fade out and finish wave 2 up, next up will be the shock of wave 3 down. Add to shorts near the close on Friday or wait until Monday.
We are sitting on the cliff edge so precarious, just waiting for that trigger of "news" that spills us into the abyss. Most bulls will not get it until much lower prices and then the realisation that the bear market is truly upon us.
Markets are telling us what's coming, technical analysis is warning before the events.
The big short is almost here, it will be different this time.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.