Covered 4% SP futures at 1095 and 4% QID. The rest is set to cover/sell at SP futures 1088. This is my last post until this evening. On the road. Will evaluate going long this evening.
can you post your wave count again? From a source who's been accurate in the past this is just going into Minor 3 (Dow today, S&P and Nasdaq either last Tuesday or with a truncated 5th of C of Minor 2 today). I'm trying to see if there is any way to reconcile such a count with your I1.
I went back to 100% cash at DJI 10400 and broke even from 7/13. If it were not for I1 I would stay short (so, so bearish). I’ll be waiting for your commentary for the next move.
I beleave we are in a very small trading range now and until we get a break out one way or the other I will be on the sideline. DJI 10400 to 10700. If the VIX continues to fall we could break to the upside(wall of worry). Other wise I have my eyes on 8/13 to short. Jack C
Hi Steve,
ReplyDeletecan you post your wave count again? From a source who's been accurate in the past this is just going into Minor 3 (Dow today, S&P and Nasdaq either last Tuesday or with a truncated 5th of C of Minor 2 today). I'm trying to see if there is any way to reconcile such a count with your I1.
Josh
Steve
ReplyDeleteI went back to 100% cash at DJI 10400 and broke even from 7/13. If it were not for I1 I would stay short (so, so bearish). I’ll be waiting for your commentary for the next move.
Jack C
Steve
ReplyDeleteI beleave we are in a very small trading range now and until we get a break out one way or the other I will be on the sideline. DJI 10400 to 10700. If the VIX continues to fall we could break to the upside(wall of worry). Other wise I have my eyes on 8/13 to short.
Jack C