Equities bull trap?
Accumulation phase(1) set a new low.
Test spring(2) is looking like a failure.
Will Distribution(3) be a new low?
The asymmetry is concerning because asymmetry implies a reversal. Shorting seems reasonable.
OR
We close(3) above the old high and the idea is invalidated
Test spring(2) is looking like a failure.
Will Distribution(3) be a new low?
The asymmetry is concerning because asymmetry implies a reversal. Shorting seems reasonable.
OR
We close(3) above the old high and the idea is invalidated
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