Many three waves caused widespread Continuation gaps. It happened just as emotion replaces reason and frustrate many good traders. Since common sense dictates the surging stock should retrace, many exit positions on the bar on the eve of the great divide. Use timely wave analysis (and a strong stomach) to anticipate this big move just before it happens.
4 wave mechanics corrections set the mood for the final 5 wave. Crowd experiences its first emotional shock because this countertrend generate fear through sharp downturn or long sideways move. Same time signals that carry traders in positions now roll over and turn against them.
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