Vicious Bear Trap is expected around the corner. Just like 2008.
Further Analysis into a strange consolidation of VIX at elevated regions shows that we are about to get caught into a vicious bear trap very shortly..
Remember:
Watch for the double bottom to hit with even some fresh all-time-lows.. This is a danger region for anyone short.
- before one of the most vicious bear traps we have seen in a decade will be sprung..
This market is still going to see VERY LARGE selloffs but vicious bear traps will be sprung along the way.
Thus in the short term 1-2 weeks will see probably the formation of the double-bottom, before a vicious bear trap ensues.. These timelines will be compressed.
Remember:
Watch for the double bottom to hit with even some fresh all-time-lows.. This is a danger region for anyone short.
- before one of the most vicious bear traps we have seen in a decade will be sprung..
This market is still going to see VERY LARGE selloffs but vicious bear traps will be sprung along the way.
Thus in the short term 1-2 weeks will see probably the formation of the double-bottom, before a vicious bear trap ensues.. These timelines will be compressed.