The scenario is part of a multi-year Adam and Eve Structure.
I expect a local rejection at around the FWB:29K mark (early October) with an aggressive pullback down to FWB:21K to retest longterm support. This will draw ALTs back to their previous lows.
- Remaining Long until local double top at FWB:29K
- Short from FWB:29K - weighting on Alts
- FWB:21K...
