Planet Earth's ultimate Short side game began Nov 2021

Take particular note of the following to see how nicely I have Mr. Jones duplicated ...........

Dow Jones did the following:

rallied to a perfect 78.6%
touches and hits in the pattern even to the left of the LOW hit the after-move-done grid at

38.2%
50%
61.8%

What more confirmation can a Man ask for? Zip. Dow Jones has done plenty to satisfy the technical warrior. :)


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There is one alternative pattern that might form prior to Wave 3 getting underway. See the chart below for this nuance. We still drop from the current rally high to approx. 50% (b) and then rally for the last time in (c) to challenge the bear rally top. Then its totally over.

I would actually prefer this type of scenario that the first one shown because it will truly give me low risk entries for massive accumulation of the short position wherein my entries will be so close to the top as to be impossible for anyone to take out my TREND STARTER STOP.

Let's see how it plays out





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Just a reminder about the folly of Overnight in trying to teach me elliott wave when he himself comes from total ignorance. The result speaks for itself thus far. How so?

He and the traders he was trying to protect from ME all died on Friday with stunning losses. Overnight himself must have lost his bankroll. The survivors were in MY camp and saved their asses by not following the madness, madness, madness of ET/Overnight into thinking it was a new bull market. they got trapped for 3 days but on the 3rd day, Friday they perished in ignominious defeat.

Those who stuck with yours truly are sipping wine on a beach. :) Just another day at the office for yours truly.

So fellas, keep eye on June 16 low. WE is going there.
 
God, do I love it so! Its a beautiful thing to see that not a single one of the big shots like Goldman Sachs, Bank of America and the other big clowns with their big salries and yuge offices and yuge perks and stock options and whatnot, don't even have the b***s to call the move in advance but after the move has already been underway for a while, then come out and say we are in a bear market that is not yet over.

Losers, one and all. The richer they are the faster yours truly can defeat them. They got no Edge on me. They got money, so do I, they can't pull the money altitude on ME. No sir, they cannot do that! I'd laffff in their face.


SKILL, VERVE and tenacity in battle is what's called for and yours truly has that in spades.


Game to yours truly!!! :):D
 
Wave (3) down will consist of 5 internal waves. During the 3rd of (3), this will be heard on the street in concept form as THE MASSES describe how BEAR tricked them all by lulling them into a semi sleep mode and thinking it was some weak BEAR .........



It came with a surrealistic slowness ... so gradually that on the one hand it was possible to live through a good part of it without realizing that it was happening and on the other hand, it was possible to believe one had experienced and survived it when in fact it had no more than just begun.



BEAR, you magnificent bastard, I read your book! :)
 
AS Wave (3) gets underway during the next days, weeks and months you will see the already cracked earth start to show gaping holes in the economy, lives of people, standard of living eroding at breakneck speed, ATM fiascos and whatnot. Food banks will go into a bull market. So will food stamps


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Tuesday Aug 23rd, 2022 Open was 5-min. ago

Yawn!

QQQ RSI has battled past the 50 mark hence the green candles on 5-min.

Wave 3 down underway as you already know. No Longs for me. I'm either Short of flat and if latter I'm trying not to get bored. :)
 
QQQ support coming from the 200-pd on both 4H and 1H. If fizzle out, then free fall again. There is also Dow Jones on 200-day ema .......... there is always support here but for how long and for how much?

Jonesy also has the previous 61.8% as support on the way down and is using the energy from it right now as we speak. But for how long?
 
QQQ .............. I want her to rally rally rally rally so I can get on board at the top and short again

Until then its holiday time :):D

5-min. timeframe looks like an A-B-C upward correction thus far .............. the pull to the 200-pd is strong

Yawn! :)
 
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