Ym
EUROPE wanted their chance to short ES overnight The 50% HWB short still held and was retested in Europe. Markets double top for a few reasons, not the least of which is that Europe wants their chance to sell major tops. Overnight, they took it up to the 2888 level. I expect that level to hold as we begin to sell in earnest today.
YM Short Big Time, Wake UpTime is short take big size short trade , and then cash out from brokers.
Buy everything what is essiantial for your family.
The more time goes the more EVIL will show in this world....
Sick invisible enemies ..................
Just Believe in God and Christ!
Time is running out.
Take care
DJI correctionFollowing the wave count, at least a small correction should happen around these levels. We have had 5 waves up and a small ascending wedge broken, possibly starting the correction. First level to watch would be the support of the pennant, around 25500.
In case we break 26700, we are very likely to make a new all time high.
Short Dow Jones on Daily With a convincing Pivot Stack in place the upside looks like a cap is in place for the near term price.
However, the price will need to confirm the weakness is definitive by breaking the swing low bullish Hammer candle of March 8th.
Go short at 25198 and place a stop loss at the top of the Pivot Stack at around 25869 with a profit target of 23893.
This makes for a good risk reward ratio trade.
Dow - The three patterns for 2019This recent near touch of the wave ii high has held allowing for an immediate down in wave v to complete the larger IV.
The X pattern requires breaking that high and the completed pattern requires strength up through the 28k range directly (lower prob).
Anyways, they're the patterns and end of month is on tap. The levels are generally of value.
SPY & US Majors setup for a 5~8%+ downside rotationIf you follow my research, be prepared for an immediate downside rotation starting near March 5th ~ 11th that will likely result in a -5~8% downside price swing. This will NOT be the massive crash that so many other people are predicting. It will likely end as a momentum base setup near the -6% levels that I'm suggesting for the ES and YM. The NQ will likely rotate a bit further to the downside (possibly -8 to -12%).
If you have not already protected your long positions, DO IT NOW. Be prepared for a mild price rotation before the next momentum move begins near early April 2019.
Follow my work if you want to stay ahead of these markets.