Fractal777

Waiting For The Shoe To Drop!

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Our midweek idea called for a rally off the lows towards 32k, three days of average volume buying has taken the Dow up 1000 points and possibly towards either 32,600 or 33,000...it may truncate below these levels, it's not necessary to reach them.
We remain short in very high confidence that this bounce will expire itself this week and resume the bear market proper.

Some serious event is about to manifest itself in the next week to 10 days. Because wave three down of three is imminent, this trigger has immense weight and extreme significance.
Distraction events take the masses eyes off where they should be, always be alert for subtle signs.

Some folks simply ignore the obvious "nothing to see here" preferring to ignore clear signals in world affairs and control, when you are looked after from cradle to grave like most Westerners..can you blame them?

These masses just don't get it, comfort of trust in the system...a system they believe serves them everything to protect them..."keeping you safe"...but what if there is a sinister agenda lurking beneath the facade, so heinous it's preposterous to contemplate such thinking.

People never change, same psychology of thought today as 100 years ago and THEY know it.
Malleable and controlled even easier today with ease...those who fit this group are mostly in denial through trust. Their views are based on modern life, not medieval thuggery and slavery.

What happened in history is primitive they believe, too "smart" to be caught out now?
But they have been had, they just don't get it yet.

Let's watch this week with immense anticipation, whether a few hundred points more or whatever...a reversal of magnitude is about to hit. Would not be surprised at all to see 24,000 on the Dow this month.
One day at a time now, if you are still not short, then this week is bet the farm week.

Appreciate a thumbs up...Good Trading & God Bless!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.