Setups are only as valid as the most recent data, and often times that data is greatly influenced by market news. This week was no exception when Jerome Powell rocked the market when he announced the possible reduction of interest rate hikes.
In this week's episode, TG refers to his previous video and shows you a case study using the UVXY. How did this near-perfect setup fail to perform? How did Powell's words change the dynamic of the marker? And how can we be on the right side of "buy the rumor sell the news".