Ewj: elliott wave

Scenario 2.
Minuette 4)c.3:1 had ended as a diagonal triangle type II and Minuette 4)c.3:2 as a zigzag. The Market is going down as Minuette 4)c.3:3 equal to Minuette 4)c.3:1 to end at
(End of 4)c.2=13776.8604, 1523.5699, 2733.99
Minuette 4)c.3:1=13354, 1469.21, 2641.5701
Minuette 4)c.3:2=13523.8096, 1489.4, 2670.33)
Minuette 4)c.3:3=13100.9492, 1435.0401, 2577.9101
Strategy 2.
Hold short position as a long one. One new short "Short position" as an intraday trade.

 

What is happening?
USD up and everything else down!

 

Short position closed at first target when there is a higher high.
Set target at 50% rebound to re-enter short position.

 

Target reached. Prepare to open short position again.

 

Short position opened. Set stop at the last high.

 

Short positions on a lower opening today?
Some of the financials are actually UP today, like LEH, C, and BAC.

 

Stop out.

 

Short position entered, set stop at the last low. Just in case there is a new low today as scenario 2.

If stop out, enter long position as scenario 1.

 

Short position closed. To enter again when there is a lower low.

 

Short position entered. Set stop at the last high.