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holeyprofit
Aug 14, 2023 2:44 AM

VTI at classic bull trap levels.  Short

Vanguard Total Stock Market ETFArca

Description

VTI now has a classic bull trap formation. Big decision level here. Were we to see a rejection of the attempt at a new high and breaking of the 2022 low we'd likely only have seen the early section of the VTI drop.

A spot to be careful for bulls.
Comments
TonyPicks
what levels to start adding too? $180? $165 if we even see them?
holeyprofit
@TonyPicks, I am currently waiting for a bull trap. Something close to a double top would be ideal for entry (Relative to recent drop). If and when this comes I'll update in full. I've explained my exact process for targeting in this post: holeyprofitnewsletter.substack.com/publish/home
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