Could be a giant butterfly in DJI

Jul 18DJI is going parabolic. I do not think the moves in RUT and DJI are rotations, I think we're seeing stop hunts.

SPX and Nasdaq hit their monthly resistance levels and started dropped. While this happened the other rocketed, but they only rocketed to their respective resistance levels.

Could be these are stop hunts. And the butterfly is a big stop hunt pattern...

Jul 19

Comment

Profit taken on shorts 40,200.

Would like to sell into a bounce.

Jul 23

Trade active

Back in 40,500

Jul 24

Trade closed manually

Out shorts 39340

Aug 14

Comment

Back in shorts