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The market’s strength continues to unveil new opportunities. One relatively low-risk one is EFA. This is the same missed opportunity from April 2nd which I decried repeatedly. Well, the same gap trade has returned, albeit at a lower level.
The boys down in Gainesville know plenty more about Elliott Wave than I do, so I’m going to respect their interpretation that we are in the throes of Wave 3, and within that, we are at or near the completion of wave ii of the lower degree. All of which is to say that wave (iii) of 3, which is the monster of them all, is coming up Real Soon Now ™.
I’ve got 30 different bearish positions. I wanted to share a few with you, so here are seven from the ABCs.
I wanted to show some examples of the kind of gaps-based trades that are all around us as prospective bearish positions.
