Seems like only a fortnight ago when I wrote about the `Great Plains Battle` and how the bulls had to either emerge victorious there or surrender. The bears did not give *any* ground. Today, it is clear that they have nearly ousted the bulls from the plains and, in fact, are now taking the battle to the heart of bull territory (green rectangle). I definitely expect a ferocious battle to take place there, even with the Phoenix (VIX) now at historic strength.
That said, if the bulls fail to protect their home base, then who knows how far this market may fall...
I hope those who follow me have at least protected your wealth. The drop is happening many folds faster than even I expected, as you can see in my unmodified chart. Please trade safe and good luck!
That said, if the bulls fail to protect their home base, then who knows how far this market may fall...
I hope those who follow me have at least protected your wealth. The drop is happening many folds faster than even I expected, as you can see in my unmodified chart. Please trade safe and good luck!