Stocks continue to obey my commands in how it plays out as you can see my red lines have predicted price quite well. Stocks are rallying on expected news of that British vote. I expect a choppy float modestly higher before a top and reversal to complete Minor wave 2 down.
I also used this rally as an opportunity to get short two more stocks in JEC and DNB. I will post analysis and trade details later when time permits.
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.