Short

Updated

DOW may DOWn from now

As per Neo wave time cycle, Wave 'B' of the FLAT correction formed in DOW 30 index is ended today
since the recovery wave ABC extended nearly 76.8% of previous wave[ Exp, triangle]
expect a soft bear market cycle for 8 months from now.
trading is difficult as wave 'C' expands in 5,3,5,3,5 legs ,and expect a spike in VIX too
Do not hold your short positions for more days , as recovery waves will stretch more than 62%

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Note

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4437 RESPECTED TODAY and failing to breach this is the early indication of bearishness

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Order cancelled

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4437 May be taken as SL for S&P500 INDEX, 5th wave yet to start and will be limited to 4378

Trade active

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C Wave begins today [24thAug]

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shorting suspended until next week

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EW labelling and trading ideas

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turned bearish again

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bearish wave counts,5wave down,3wave up

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see my new post for s&p500

selvamB

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selvamB