SHOP: A series of mistakes in counting EW caused me to miss the
entire 5th wave up to $200. Now that the 5th wave top is in, it is time to ride this down to the 50% retracement mark. Today Citron announced they are shorting SHOP down to $100 which is the 50% mark. Coincidence? Probably not. Also, the SPX is overlaid to show that the general market, although strong, is likely due for a pullback.
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Road map for the next few months
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Bear count invalidated
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Or a running flat
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Revised count:
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