HEADER - This is final draft for this trade.
SUMMARY - Bear route is favored by 8:1:1 (bear:bull:neutral).
DETAILS - See previous drafts for history. Entry is 8/25. Exit should be 8/30 or 8/1, depending on risk tolerance.
NOTES - This is it. Do or die for this methodology. Will review on 8/31.
SUMMARY - Bear route is favored by 8:1:1 (bear:bull:neutral).
DETAILS - See previous drafts for history. Entry is 8/25. Exit should be 8/30 or 8/1, depending on risk tolerance.
NOTES - This is it. Do or die for this methodology. Will review on 8/31.
Nota
NOTES 2 - If successful, we move to draft 2A. Buy insurance in case it's not.Nota
NOTES 3 - 6:21 PM SUNDAY 8/28.a) Typo above, I missed it. It should say "Exit should be 8/30 or 8/31...".
b) In any case, it looks like it's going to be 8/30.
c) It doesn't look like we get anywhere near 1610.
d) It looks like 1655 AT END OF TUESDAY 8/30.
e) So exit should be 8/30, not 8/31.
Nota
8/31 10:04 am et1) 1715
2) I couldn't hold developer interest
3) so this is the end
4) good luck and thank you for reading
Nota
8/31 2.23 PM REVIEW1. so it wasn't a complete success
2. but not a failure
3. I am officially out of time to continue from here
4. where do dreams that don't come true go?
5. I don't know
6. for those still shorting watch out for 1660 reversal followed by a second bottom circa 1635-1640 by 9/6
7. that reversal will stall 1700 or lower 9/15 is
8. followed by 1570 end of September
9. good luck with all
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