Leave your feedback Share Copy URL https://gographicsoutput.com/video/tw5ESGLofgf.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter SOXX Short 25th April 2026 [pl4egmxqTOZ] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT I saw a post on X that says that Michael Burry ("The Big Short" Trader) shorted SOXX using Puts. Curiosity got the better of me and I added this symbol to my watchlist and performed my usual Elliott Waves and Technical analysis on it. What I found out is that this trader is really brilliant. My own analysis shows that this is really a super low risk and high reward short and here's why as I explained in this video: 1. A completed 5-waves structure with the 3rd wave able to cleanly sub-divide into 5-waves too. 2. Fibonacci extension level where top = 4.618x Wave 1. 3. A ridiculous RSI(7) of 96.15! Not seen ever, no over the last 20 years! 4. A super good risk-reward ratio. I would follow his trade using Puts because that is how we can protect ourselves. Good luck! #soxx #trading #technicalanalysis #elliottwaves #stockmarket #bearmarket aVYX8jtNwdA mmXkgrJqcnH fLHNFBqIQUH nMLOmojGH4v L89VWgBCpvD
I saw a post on X that says that Michael Burry ("The Big Short" Trader) shorted SOXX using Puts. Curiosity got the better of me and I added this symbol to my watchlist and performed my usual Elliott Waves and Technical analysis on it. What I found out is that this trader is really brilliant. My own analysis shows that this is really a super low risk and high reward short and here's why as I explained in this video: 1. A completed 5-waves structure with the 3rd wave able to cleanly sub-divide into 5-waves too. 2. Fibonacci extension level where top = 4.618x Wave 1. 3. A ridiculous RSI(7) of 96.15! Not seen ever, no over the last 20 years! 4. A super good risk-reward ratio. I would follow his trade using Puts because that is how we can protect ourselves. Good luck! #soxx #trading #technicalanalysis #elliottwaves #stockmarket #bearmarket aVYX8jtNwdA mmXkgrJqcnH fLHNFBqIQUH nMLOmojGH4v L89VWgBCpvD