HOPE PEOPLE HAVE LIGHTENED UP ON STOCKS FOR U.S and CANADA...Or AT LEAST HAVE STOP LOSSES IN PLACE... CRASH IMMEDIATE?

Hello Fellow Steamians...

Today I would like to discuss an Elliot Wave Count I am count in The TSX and DJI... Prior to my count there have been a huge 5 wave move that has ended recently. The counts that I'm showing are a trend change. According to my counts and both Indexes we are seeing 3 wave primary and intermediate moves starting to unfold.

Below we see the TSX on the Four hour chart. Looks very similar to the DJI. This is correlation is caused by globalization. This is not a good development for stock holders. I highly suggest refrain from being in denial...which is usually what happens in this time Frame after a market has peaked.

Below we have the DJI. It is also forming a very bearish count. The DJI has a very clear 1,2 and 1,2 count on primary and intermediate wave counts. We should be seeing a powerful third wave move down shortly. Please for your sake tighten up on stop losses on your stocks in both countries.

Below is a picture from a fellow Elliot wave technician who I respect greatly. He gives his counts free and is very good at it.
Here is the big 5 wave move that happened from 2009 till 2018. His chart is of the Wilshire 5000. However it looks very close to the DJI. Just includes all the stocks instead of the big 30.

The above chart is from http://danericselliottwaves.blogspot.ca/

The Big Red numbers 4 and 5 are part of a bigger Elliot wave degree count.

Either way we are counting fairly close to the same. This looks very troubling for people who just throw money into the market and trust someone else to make decisions for them. So please tighten up for stop losses to prevent a possible tragedy to your portfolio.

Thats is for today. This is not investment advice but merely amateur Elliot wave analysis to predict social moods and trends

So for you sake tighten up on stop losses and pay close attention to what happens next. Because We are in a Fourth Turning...It is suppose to bring in a depression that has a war and monetary crisis. Don't take my word for it. Read the book called THE FOURTH TURNING. It's a Cycle that plays out every 60-80 years.

GOT GOLD? OR BITCOIN?

Quick Note*. If this crash does happen...People will blame Trumpy boy...However they would be wrong...This would have happened with or without a Trump Presidency. To blame him you would also have to equally blame his predecessors all the way back to Nixon really. Remember he was handed this mess... Have fun cleaning it up. I wish him the best in his efforts and really this will most likely be blamed on him by talking heads and people who know nothing about markets.
Have a great day...please upvote if you found this information helpful.