Caution! Nasdaq, Dow, Sp, Nikkei, Hang Seng

See post #295

>>>>> non-elliottwave, simple Tech method:

Place stop under March 20 realtime closing low @ 767.99. If stop is taken out, exit.

To finetune, just draw another trendline (blue) as shown. A close below this trendline that also violates 797.46 and the 61.8% level shown can be used for profit taking of 50% or more of your total position. >>>>>>>>>>>

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Even though I was not here since March 24, the analysis presented would have given the trader a high profit level for 50% of his position at the black line shown in chart and since STOP #1 was not taken out, he'd still be in the game with the remainder of his position. Stop #2 is the current STOP.

A total no brainer.

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This is a realtime post as the market is still open.

The pattern I show is what I can come up with based on the data at this point. May or may not end up being right.

Regardless, the STOP is at 813.5

Note that we have a 161.8% hit.

If it works, great, if not, the work continues, but either way, we ride the wave with the STOP.