Dow and SPX

Nov 03, 2023

If you have requested the upper trgts for spx and dow on the longer tf supplied in EXTRAS in the past 2 weeks they remain valid

There is NOTHING to suggest otherwise

Retrcmnts can happen on short tf but are high risk trades due to the fact we have been on a downward retrcmnt for 3 months and harmonics suggested a move up had to happen which it has done so this week

You have the upper trgts for either or both dow and spx so pls use them and if shorting, do so with s/l, small positions and knowing it is a contratrend trade thus high risk

I have higher trgts for nq and dax also.

The 1,2, 4hr charts give the longer term picture and due to the extent of drop, the rally cld be just as severe if not quicker

Time will tell but using s/l means you are managing risk. Else setp aside and do not feel you have to trade everyday which I believe some of you are doing and henc taking unecessary risk due to missing other trades. This is dangerous.

GL.

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