wavetimer

I am long calls SPY and now TLT

BATS:DIA   SPDR Dow Jones Industrial Average ETF
The chart posted is that of the DIA as I have said this chart is and has been very clear in regards to the Pattern forming . In march at the spring Equinox on the 21 we peaked above the bb bands on the monthly and also peaked just under the super cycle channel into the fib projections 39580 to 40480 right in the middle 39880 . So we have a cycle turn that goes back to oct 13 low 2022 this is due may 8 plus or minus 2.2 days . I do NOT see us breaking this channel posted NOT YET .I have posted the pattern to which I see us following .We have had two equal legs up to the tick in the spx 500 cash But the dji has formed something different . I did try to short the other day into 5120 but covered with a minor loss .35 of 1 pct and did go Long calls from 5080 25 % and had to 40 % at 5065 and then to 50 % at 5060 as the math had a target 5059 that held and then broke rather sharp and accelerated at that point sharp .I maintain my 50 % long calls and see the DECLINE still forming a wave abc for WAVE B low we should have a sharp rally in wave C up to 5146. if we break above 5146 we should see a alt min 5196 after this we would see a retest of 5264 and most likely print the final top 5330 . the 5262 peak was a perfect relationship to the 2000 peak and on the GANN day march 21 . Best of trades WAVETIMER

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