by Avi Gilburt
I have to tell you that the last 6 months in this market have been the most unusual of my career as a public analyst. And I tried warning many of you of the potential, yet most chose to deride my perspective, as many got suckered into the biggest fake-out I have ever seen in the market.
In my analysis published on emerging markets back in early February entitled “Sentiment Speaks: Emerging Markets Look Sick,” I warned that EEM presented us with a chart that looked truly bearish for 2020. Moreover, I had been warning members of ElliottWaveTrader.net that IWM has not confirmed the breakout we saw in the SPX for several months. It was for this reason that I was unwilling to aggressively play the long side in the equity market, at least until IWM proved otherwise.