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Grinch

Right Inverted ShoulderH&S Inverted Pattern plays out. rejected 4100. This intense two day selling move looks and feels impulsive. Still could play out as an ABC but in this bear all the downs have been impulsive 5-waves. Being long is hi-risk imo. So this is just Wave 1. A bull trap is coming for a day or two. FOMC likely trigger for the 3rd Wave, final target 3660. After TL break, retrace up wave after first move down is typically a 0.62 retracement, could pivot sooner at .382 or 0.50. IMO The Grinch will be running holidays and Santa will come late to this party, or not at all. Don't count on seasonality. Top is in IMO. Look at Dec 2018. Get it? Good. Coal in all your stockings! GLTA
TVC:SPXShort
by DaddySawbucks
27
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TVC:SILVERLong
by Anoinvest
13