“Seven Perfect Trades” did not occur as I “imagined." They are still out there and soon to be realized.
Not only did they not occur in the timeframe I imagined, but when they do occur (and they will) they will be at slightly different DJIA price levels.
Using the labels of the previous essay, the price levels will be:
The first of the trades, should one be so tempted, will find DJIA at 27648 on September 12, 2023. DJIA closed yesterday, September 5, 2023 at 34642, futures are down very slightly as I write this, and I do not see anything in the news to suggest a 25% decline in the ensuing week will occur.
Its simply deterministic math, no Elliott Wave or any subjective methodology of any sort. DJIA must, if the theory is correct, touch point F 27648 on September 12, 2023.
The price levels of G-L are arrived at by similar math methods but are not my best work as yet. I do not have reliable dates but suspect a rapid succession following the initial wave.
Jim Ross, September 6, 2023
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