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In 2007 the Dow …
Peaked on the weekly chart starting monday 8th October
after a final leg of just 3 waves.In the week starting monday 15th October the decline
started and never looked back.Let’s see what the chinese astro 12yr cycle and the
lunar 4yr cycle can do in 2019.Never give up, never surrender.
Small short Dow at 26910 … stop tba … limit tba
That is all the risk I want ( still have the 27000 short )
until we see exactly what we have got.Never give up, never surrender.
Overnight I made a slight change to my Dow shorts …
…
Small short Dow at 27000 … stop 30000 … limit 18000
Small short Dow at 26900 … stop 30000 … limit 25000
Small short Dow at 26900 … stop 30000 … limit 25000
…
As per usual it’s unlikely these trades will be left
to hit the buffers up or down.Never give up, never surrender.
…
Small short Dow at 26900 … stop 30000 … limit 25000
Small short Dow at 26900 … stop 30000 … limit 25000
…Closed both at 26850
I am keeping the Dow 27000 short.
Never give up, never surrender.
BRADLEY: here’s the Bradley 2019 chart, the shape of which should be taken with a pinch of salt – whilst the dates are often accurate the extent of up and down moves is guesswork. Nonetheless the ‘low’ indicated for October 8 was indeed a low and the market has risen quite strongly since then.
The next date is around Oct 20 and the chart indicates broadly a continuing positive market until then.
Note that there are many ‘turn dates’ over the next couple of months. Whether they produce the highs and lows shown remains to be seen.
DOW: looking at the Dow chart I still see the possibility of an abc to the 27,100/27,200 area. But looking afresh I can also see the possibility of a rising wedge (see chart).
If we are in a big triangle this would be wave ‘B’ and B waves are often triangles or wedges, so a rising wedge would fit nicely.
Also, if the Bradley dates are correct, and Oct 20 is the next date, then a rising wedge would also fit nicely with that timeframe.
For STD it appears today and tomorrow are 3 and 4, then we get just a 1,2 up to Friday and a new sequence starting next Monday (the Bradley date). Again all of this would fit nicely with a rising wedge.
I don’t have any positions and I’m happy to sit back and see if this wedge idea pans out.
Looking at the Bradley again one can see that the dates and shape shown fit very nicely with the idea of a triangle on the Dow which then pops to a new ATH around December 2nd.
Dow S3L today after spill up to complete monday’s S2L
is the plan that I am trading with atm.Never give up, never surrender.
Small short Dow at 26925 … stop 30000 … limit 25000
Playing the spill up then S3L
Never give up, never surrender.
Small short Dow at 26950 … stop 30000 … limit 25000
Dow pushing against the STD … should be a snap back
and then I will close both at 26900I think hatman is right.
Never give up, never surrender.
Small short Dow at 27050 … stop 30000 … limit 18000 ( x 2 )
Try again ….. still looking for STD to snap back in
but this could be like looking for the 7th cavalry at
the Little Big Horn !Never give up, never surrender.
Small short Dow at 27050 … stop 30000 … limit 18000 ( x 2 )
Closed at b/e … I want 27100
Never give up, never surrender.
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