If DJI is below 9650 on 7/5 then I'll keep a small short position. Otherwise I'll step aside. I'll even buy some if I'm lucky enough to have the market hitting that support on the afternoon of 7/5. The turn dates are precise action dates unless the upcoming peak < 0.
Steve
ReplyDeleteIs the 7/5 date a buy date or could a trader stay short if the wave count was such that a wave down was not completed and I1 was still below 3
Jack C
If DJI is below 9650 on 7/5 then I'll keep a small short position. Otherwise I'll step aside. I'll even buy some if I'm lucky enough to have the market hitting that support on the afternoon of 7/5. The turn dates are precise action dates unless the upcoming peak < 0.
ReplyDeleteOK Steve, I will follow your lead. Thanks, Jack
ReplyDelete