Risk Signal at 100: Two Possible Short-term Painful Scenarios

Uncharted Lite 10

“Frustration, although quite painful at times, is a very positive and essential part of success.” – Bo Bennett

• Settle in. We wanted volatility, we got it. The risk of a pronounced drop is extremely high; note the Risk Signal at 100.

• There are two possible scenarios: the Risk Signal plateaus or it reverts fast. All eyes are on $24.8 - $25k, do we revisit the structure’s lows? And if so, will it be a fast wick (March) or a slow bleed (Risk Singal plateaus)?