Really not much new to report on this front relative to the backlink model shown below.
Below is a zoom in of just the big wave down that started mid Jan. Looks like there should be a few more days of pain, probably into the end of the month. But then I will be loading up big time on UVXY. Again, no matter how low they take it, the target remains the level of the prior 4th, minimum @ ~$20. There is a small chance that the small wave down here at $10.50 will be counted as 5 of 5 instead of 1 of 5 but that is not my primary count.
Added more UVXY today captain; thanks for the update. You still holding MCP?
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