Financial Markets Update 10-21

I commence with my humblest gratitude to The Most Benevolent, The Most Merciful, The All-Knower

Markets have acting in a fashion, where one of my forecasts, comes to bear, then markets switch the gear and go for another check status of the forecasts, to challenge the April high.

I must admit, where it looks like that market are going to fall real hard, it turns around and bounce back up. Can it go on for ever? Well time cycle confluence occurring with astronomical alignment, by tomorrow and reversal is very likely. Technically and otherwise, Markets are tired and have no legs to carry this forward, Markets are dragging themselves forward. Market might borrow a day at time, but credit limit has expired……….
This confluence has affected markets in the past and shall do so again. Therefore, I remain ready to short the markets again after Friday (and Even Today, when I get the technical signal).
I might miss the long opportunity, when I’m inclined to go short. However, whenever, markets drops, it just makes up for the missed long trades. As I stand prepared. In fact, I have seen these kind of bulls trap before, where traders get deceived by these moves. I rather stand on the side and let the short trade come to me.