This is a report that I sent to my subscribers at 9:05 AM on Friday, May 24th, 2019. When TVIX traded at 21.82 I predicted a rally to 25 – 25.80 region. Five days later, on 29 May 2019 TVIX topped at 25.61. I am really proud of that prediction. Because it’s relatively easy to predict continuation of an impulsive (trending move). But it takes thousand of hours counting and trading to get to the level when you can predict corrective internal subwaves of corrective waves that look erratic even for many experienced analysts.
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TVIX - we have got an expected wave b down
We have got wave b down, as predicted yesterday.