well i do understand his point. several things have changed:
1) bullflag on 5 major etfs i was watching has been broken 2) lower bb was pierced and confirmed which many times causes a change in direction 3) several death crosses have been formed 4) money has been flowing heavily out of stocks 5) this happened with major volume and conviction.
my guess is this is just a correction which we desperately need.
CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.
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