markrivest
Short

DJIA 7/3/17 Top Could Be a Final Top

TVC:DJI   Dow Jones Industrial Average Index
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This is a an update to my 7/3/17 post recommending shorting the NDX.

In that post I noted the DJIA could make another all-time high on 7/5/17.
The early day decline of the DJIA has now put that forecast in doubt.

Keep watching the DJIA vs. NDX today.

If both rally into the 2:00 PM -ET release of the FOMC minutes this could be a great opportunity
to short the weaker NDX index.

Wait until after 2:00 PM - ET to short NDX.

Mark
Once again, Mr. Rivest is in a league of his own. Brilliant Analysis. Steadfast determination to stay the course.

His recommendation to short NDX on 7/5 after the Fed minutes release, has once again paid off.

A 66 point NDX DECLINE from the 7/5 2 pm Open NDX 5645.79 to 7/6 NDX Low 5579.64, a New Low in NDX

Mr. Rivest weighs the complete picture with his analysis including but not limited to Price, Time, Sentiment, and Divergence.

One only has to follow Mr. Rivest's recommendations to profit handsomely, trade after trade. It really is that simple.

My respect for his work continues to grow by leaps and bounds.

The_Unwind

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markrivest The_Unwind
Hi @The_Unwind,

Thanks for the compliment.

Mark
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hi, i see quite nice confluence zone 21850/875/900 as longterm target, no signs of weakness so far, so odds speaking for hitting those extensions

take care


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