global markets are red yet again; but the good news is - fear is almost at historical highs across the board.
whenever fear spikes like this, we end up seeing very irrational moves to the upside. i think we're going to see a fairly large move up in the weeks ahead, after 3950 has been met; but i think it'll be yet again another trap yet before continuation to the downside.
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this correction is becoming something much larger than i had initially expected. will continue monitoring it from afar.
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