7/26 1:10

Instead of peaking in the overnight session the S&P peaked during the day session, right at expected stiff resistance. I was monitoring the night session because frequently price extremes register there.  The wave counts for DJI, SPX, and Nasdaq are all complete.   I went short 2% overnight with an extremely tight stop and short again at 1108.  I bought 4% QID at 16.85.  As long as the cash DJI does not exceed 10,515 I'm good.  The 5th wave occurred right on target, although the market drills teeth without Novacaine.  That's it's job.