Have no idea how this makes any sense fundamentally... but i like the RR on the short here. No idea what makes it happen but see 2.13 on the cards !
2002 rally from $4 2008 peaks at $17 2008 retrace to $8 (23.6% fib) 2011 rally to $50 (261.8% fib) 2014 retrace to $14 (23.6% fib) 20XX rally to $124 (261.8% fib) ???
3 confirmation on my short TIF idea. Looking to add to short on this rally.