$PENGUIN Many people have forgotten how a rebound-style decline works. During the downtrend, there's a sudden sharp rebound that makes people feel like a reversal is coming, but the actual purpose is to create a spike upward and then immediately crash down. This repeatedly traps people who are fantasizing about an uptrend getting on board, in an endless cycle of taking profits at their expense...
$PENGUIN Many people have forgotten how a rebound-style decline works. During the downtrend, there's a sudden sharp rebound that makes people feel like a reversal is coming, but the actual purpose is to create a spike upward and then immediately crash down. This repeatedly traps people who are fantasizing about an uptrend getting on board, in an endless cycle of taking profits at their expense...