My turn
wave market timing property indicators
has forecasted a potential turn-window, and the technicals are getting
significantly stronger, and it points toward a HUGE
inflection period ahead, the window is tightening as we get nearer to the
potential turn....and according to my wave analysis we have multiple waves converging and
a major Inflection point & Fibonacci collision of price and time
waves/patterns and Gann topping [Gann lines, are based on the premise that prices move in
predictable patterns. Gann's theory is based on time/price movements] possibility
hitting the overall markets on/between 01/08/2021
and 01/15/2021 and since we have been in strong bullish up-trend from the March lows its likely
to be a bearish reversal wave...the monthly and weekly index charts are also buried
in extreme over bought conditions as well!
This
corrective wave could be (key-word is could,
we never know what we do not know) be the start of a significant major Bearish corrective period
...my system and analysis is telling me that this could be a significant
correction period lasting 21-29 trading days...with the potential for a slight retracement
after the initial down-cycle then another downward corrective wave will likely
play
Ø I
am looking for a potential drop
of 2000-3,000 Dow points
Ø I
am looking for a potential drop
of 350 - 350 Nasdog
points
Ø I
am looking for a potential drop
of 250 - 285 SPX-500
points
Ø I
am looking for a potential drop
of 175 - 200
Russell-2000 points
RELOADED after taking profit yesterday 01-07-2021 I am NET SHORT a significant step-in positions
My system signaled a significant sell signal at 10:32hrs
Ø Order to book out ½ at 3,734.75 I am SHORT ESH21 8-contracts at ,3,798.00 (for a potential SHORT -reversal) target at 3,725 thereafter 3,700
Ø Order to book out ½ at 30,725 I am SHORT 8-contracts at 31,055 YMH21 comes into play (for a potential SHORT -reversal) target at 30,250 thereafter 30,000
Ø Order to book out ½ at 12,610 I am SHORT NQH21 4-contracts at 12,905 (for a potential SHORT -reversal) at 12,655 thereafter 12,409
Ø Order to book out ½ at 370.00 SPY 600-shares @ $379.50 (for a potential SHORT-reversal) target at 370.00 thereafter 362.05
Ø Order to book out ½ at 198.00 I am SHORT IWM 600-shares @ $207.80 (for a potential SHORT-reversal) target at 198.00 thereafter 192.05
Ø Order to book out ½ at 294.00 I am SHORT DIA 600-shares @ $311.70 (for a potential SHORT-reversal) target at $302.00 thereafter $294.05
Leveraged LONGs on the concept of SHORTING the various ETF’s / Indexes we are knocking on the door, most afford hedging if needed with covered calls, most also have longer-dated calls as well so you can implore more leverage at a lesser cost!
01-07-2021 I am LONG 6000-shares for me and 1000 for the portfolio at $16.00 will write covered calls if I have too the February $18.00 WE ARE IN THE SELL/BUY-ZONE Reviewed 01-07-2021 “Direxion SHORT on semi’s” I will be LONG “SOXS” again 6000/1000-for portfolio @ $16.00 and or < than > $17.00 looking for a retracement play, target $30.45 thereafter $37.75 SOXS Looking to BUY the January monthly strikes the $15.00 (400 contracts) at $6.00 each
WE ARE close to THE BUY-ZONE Reviewed 01-07-2021 I will be LONG (3000-shares, 600 for the portfolio) of the VXX at $13.60 and or < then > $16.05 (when VIX trades to $16.55 and or < than > $19.75 I like covered calls or a call-spread
WE ARE close to THE SELL/BUY-ZONE Reviewed 01-07-2021 I will be LONG (4000-shares, 800 for the portfolio) of the “SQQQ”: at $13.25 and or < then > $14.75 I like covered calls or a call-spread I love playing with a covered call approach and using longer-dated Calls In the money / At the money
WE ARE IN to THE SELL/BUY-ZONE Reviewed 01-07-2021 I will be LONG (8000-shares, 1800 for the portfolio) of the SPXS at $3.25 and or < then > $4.00 I like covered calls or a call-spread I love playing with a covered call approach and using longer-dated Calls In the money / At the money
WE ARE IN to THE SELL/BUY-ZONE Reviewed 01-07-2021 “SHORT on small caps” I will be LONG “SRTY” again 10,000/3000-for portfolio @ $2.35 and or < than > $2.80 looking for a retracement play, target $8.45 thereafter $11.75
WE ARE IN to THE SELL / BUY-ZONE
Reviewed 01-07-2021 I Developed
11-28-2020 “Direxion SHORT on small caps” I will be LONG “TZA” again 6000/1000-for portfolio @ $5.25
and or < than > $6.05 looking
for a retracement play, target $12.45 thereafter $17.75 I love
playing with a covered call approach and using longer-dated Calls In the money
/ At the money
WE ARE IN to THE SELL / BUY-ZONE Reviewed 01-07-2021 I Developed 11-28-2020 “Direxion SHORT on small caps” I will be LONG “FAZ” again 6000/1000-for portfolio @ $5.35 and or < than > $6.30 looking for a retracement play, target $12.45 thereafter $17.75 I love playing with a covered call approach and using longer-dated Calls In the money / At the money
WE ARE closing in on the potential BUY-ZONE Reviewed 01-07-2021 Developed 12-12-2020 looking for a retracement to re-enter this is an inverse SHORT on the IBB when/if it trips $158.00-162.00 I will be LONG “LABD” 2000/600-for portfolio @ $17.55 and or < than > 20.00 or a break out > $22.30 looking for a retracement play, target $37.00 thereafter $48.75 its optionable I love playing with a covered call approach and using longer-dated Calls In the money / At the money
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