supere

Final flight of the Phoenix

Long
supere Updated   
TVC:VIX   Volatility S&P 500 Index
Circling high in the sky,
Assessing the ruins of its initial attack,
Still burning far below.
The Phoenix patiently waits,
Carefully studying the wizards' traps,
Never wanting to be chained again.
Do not be fooled,
For when the Phoenix makes its final strike,
It shall leave nothing but dust and ashes.

Although we are being called by media to start buying back into the market
I believe it is still a fools errand

Possible final technical target pattern:
55 to 85 to 70 to 100+

Good luck friends, and please stay safe from the virus if you can. (The market and the virus, they are actually two separate things, although those in power wish us to believe they are correlated. Do not believe one ounce of it.)
Trade active:
Day 1 of 6: Phoenix begins the strike.
Trade active:
Day 2 of ?: Irratic behaviour today, meaning Phoenix is stalled. Will need to reassess after market reopens tomorrow.
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