YAY! BTFD!! You Sure you Really Want to Do This?!?

Chart says all. Correction is not over IMO and you ought to expect a much deeper pullback before plunging long.
DYODD; GLTA!

Comment:

IMO this is 4; more pain to come

Trade active:

Made a bit off calls today. Getting some short-covering mid-day; don't forget forced liquidations come at 2PM, brokers will enter buy orders to close shorts on unmet margin calls. IMO really close to ending this wave, target for final low is around 4K +/- 150 pips IMO, so 3850 - 4150 for bottoming, mid-Feb?

Comment:

Always amusing to watch AH prices. NEVER buy ETF AH! I saw SPY trade for 349, -$1; then suddenly $346.70 -3.30; then back to 349, LOL; someone sold at Market!

Comment:

Yeah so it's filling in faster than I expected LOL, in the 1-hr we got an ABC countertrend. Ready for reversal IMO, close longs if you got any left, eh?!