PRS LIVE# 3.2 DERIVATIVE MAP: DOW NOT DEAD, BUT ABOUT TO DIE
This is the map for Dow Jones Industrials (tickers: YM1!, US30, DIA, DJIA) the next 30 days or so.
Notes: If you followed the DOW trade, please note that I started with a 10% entry and kept it 10% at each entry and DID NOT TAPER UP. This is because I could see it go up to 27200 without having the evidence to say it was likely to.
After 8/11 or 81/2, PRS says gold, silver, oil, bitcoin, the DOW, and stocks in general will all peak at roughly the same time and have 7 days of simultaneous weakness. I think the dollar has one last bullet to fire.
This set up for this move is very strong. Target moved up a bit to 23700, but we have A LOT OF ROOM for this one. So don't freak out if your average is cicrca 26600.
As usual, I will update if time allows.
Notes: If you followed the DOW trade, please note that I started with a 10% entry and kept it 10% at each entry and DID NOT TAPER UP. This is because I could see it go up to 27200 without having the evidence to say it was likely to.
After 8/11 or 81/2, PRS says gold, silver, oil, bitcoin, the DOW, and stocks in general will all peak at roughly the same time and have 7 days of simultaneous weakness. I think the dollar has one last bullet to fire.
This set up for this move is very strong. Target moved up a bit to 23700, but we have A LOT OF ROOM for this one. So don't freak out if your average is cicrca 26600.
As usual, I will update if time allows.
Comment:
SL 27777
Comment:
Wednesday morning 10:00 27890 re-entry full size.
Note: previous our average for last 9-10 small entries were 26900-ish.
Note: previous our average for last 9-10 small entries were 26900-ish.
Comment:
Thursday morning double down 27859 full size.
Comment:
Friday 8/21 close both entries 27777 12:30 pm
Comment:
8/24 reentry 1.5 size short 28138 1.33 PM CT.
Comment:
9/8 8:13 AM CLOSE 27843.
Comment:
FOR RECORDS. I didnt have enough time to manage this one well. Add it all up ita a loss of 1.32%.
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