My stop on short futures is 10,453. This will also be my stop on SDS. Futures were in a 4th wave rectangle most of the night, so this rally is their 5th. The count being Minuette 2 of Minute 3 relies on DJ futures not exceeding 10,450. Cash DJI 10,481. Futures routinely have minor overlap.
The reason these shorts are put on is due to the small risk until stop-loss and the fact that I1 peak is less than 3.25 and thus any rally should not continue. If DJI 10,481 is taken out then the rally will continue.
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