My confidence in this forecast: High for the latter, low for the former. A free fall is coming and the only uncertainly is in whether there will be another small Wave 2 rally (or even smaller 1-2 sequence) ahead of a third wave down at multiple degrees of trend.
From our PRO Service
IWM - 240 mInute Trading Model - Leading the way down
The Oct 20th $185P was our original pick back in the first week of August; we recently rolled these puts into a lower strike, looking for a 3X to 5X return before expiration. Buy & Holders: Lock in gains with easy trailing stop.
From our Premium Service
VIX - Long Term Buy Signal Pending
Excerpt from Sep 23rd Weekend Update:
"A breakout above the year long declining parallel trend channel (mouthful) will coincide with a blue bullish trend model Buy Signal and will trigger both the PRO and Premium Services into Oct and/or Nov VIX call positions. An Intraday Alert will go out to each service if trade is triggered. If not out of the gate on Monday, better chance by mid-week."
VIX calls will be our next 50 bagger. Once the market goes into free fall the fireworks will begin with VIX up 5X and VIX calls up 50X before its all done, By year-end...and maybe a lot sooner.
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