In the backlink I was looking for a 3 wave pullback.
It's possible it happened so I bailed on UVXY to let this tell me if the peak of the $COMPX is in or if it will take one more move up to top of channel. This is not a requirement and if we see some kind of gap down below the lower rail then game over. Last one out of this Debt-Fueled-Ponzi is left holding an empty bag.
Monday, July 27, 2015
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