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Looking at the Dow 1 min chart we may see 19710 today !
I want to go out but also want a single short over this weekend.
Small short Dow 19705
Back on monday.
Never give up, never surrender.
Joined you short at 2149 march contract…must be wary.this is santa on steroids! Have a good weekend folks
From others work there are a few cycles indicating a cit
centered around this weekend. I stick with time at FMOC
and price as an undercut of Dow 20k and spx 2300.IF the bears turn the market then they must get a big
drop ie sub Dow 19k and spx 2200 asap else bulls will
keep the seasonals and run to new aths at year end.Whatever happens now, 2017 will be torrid for stocks, imho.
Never give up, never surrender.
Small short Dow 19770
Small short Dow 19850
That is all the risk I want for now.
Never give up, never surrender.
close 19770 at b/e.
My remaining short is set thus …
Small short Dow 19850 – stop 21000 – limit 10100
and no more trades for me until FMOC and or we
get a proper cit even if I wait for 2017.Never give up, never surrender.
Closed the 19850 at 19770
I will expect to get another short entry from now into FMOC.
Never give up, never surrender.
Small short Dow 19808
In the next 36hrs anything could happen, seatbelts required.
Never give up, never surrender.
Traded and bought out the 19808
My plan is to reshort Dow 19850 and then wait.
Never give up, never surrender.
Small short Dow 19902 – stop 21000 – limit 10000
That completes my treble.
Good luck to all who are trading this circus.
Never give up, never surrender.
Today Dow and spx in rth has exceeded ooh from yesterday
and that is not a great surprise as it often happens
but does not have to happen.Never give up, never surrender.
My average entry of short Dow 19850 is sometime
that I do not want to risk improving on and so it
is what I will go into FMOC with on wednesdayNever give up, never surrender.
Charts tell the truth and what they are saying
to me is rallies and retraces don’t look right.I still think we make a cit this week but we
may not get the big drop that I want.It is possible we drop into 2017 then rally to
new aths then drop again then rally to new aths.If this is the actual pattern then each move will
be larger in time and price than the one before.
The final new ath could be in 2020yr – 2025yr.Atm I want to anchor this ‘h’ with a short and
then work out a plan for the down up down up.I had wanted this to be my 2017 project but it
has been brought forward by this possible cit.First things first. Let’s see if we get a cit.
Never give up, never surrender.
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