WATCH THE VIDEO
BOTTOM LINE:
BEAR MARKET DECLINES SUCK AND ARE PAINFULLY QUICK TO MANIFEST ON THE DOWNSIDE. ESPECIALLY THE INITIAL DROP FROM THE HIGHS.
BEAR MARKET RALLIES (COUNTER-TRENDS) ARE ALSO FIERCE BUT DEVELOP AND FAIL MUCH MORE QUICKLY. (YOU NEED AN ATTRACTIVE, AND DEADLY, TRAP TO STOP A RAGING BULL).
BE AWARE OF YOUR RISK. PAY ATTENTION ACROSS TIME HORIZONS AS APPROPRIATE TO YOUR STRATEGY.
BUY: $2,900~
SELL: $3,200 - $3,250 (FIRM - NO ALLOWANCE OTHERWISE)
STOP: $2,700~ (MAX RISK)
IF YOU DON'T OBEY YOUR STOP OR SELL YOUR TARGET YOU WILL LIKELY REGRET THE DECISION TO HODL.