MEJT seminar by Jeffrey Tennant - 23 September 2020

 Hello traders,

there is scheduled a webinar for those who have read J. Tennant book: "The MEJT system".

The webinar registration fee is $57 USD and will start on September 23, 2020 5 minutes after market closing bell.

Webinar registration is at the following web address:

https://us02web.zoom.us/webinar/register/WN_pZkzLhzTSYSS2wV8SRUv6Q

Here is the announcement on YouTube (from 24 seconds into the video) :

https://youtu.be/CCEEQ4t9b2w?t=24

MEJT

MEJT predicts huge move from Monday August 31th

 Interesting times ahead!

https://youtu.be/VSjq7Xdmnvk

I have noticed that often 13 higher close (modified TD combo) marks a top and are followed by a sell-off.. So I'm expecting that the big move on Monday will be on the downside:

Also we have a TD Combo on 2Days chart:

I think the following scenario is most likely:

Week-end update - Sunday, August 23rd 2020

Hello traders,

The bull train continues slowly higher. Next target is @ 3460SPX 

Looking at the weekly chart, I notice a TD trend-line projection up to 3460 SPX.

Also we have completed bar no. 7 of a TD sell setup on the weekly.

Furthermore, on the same chart, I notice we completed bar no. 12 of a TD Combo sell.

All this indicating further strength and higher targets.

Looking for 3460 SPX by early September.

The weekly DOW (DJI) charts shows a price target projection up to 29470, that is a price target 5,5% higher from Friday's close:

Trade well ;o

Some charts to justify why I'm bearish

Hello traders,

I prefer the bullish side of trading as it is much easier to time market bottoms than market tops. 

We have now reached a price level where I cannot just ignore what charts are foretelling. 

I think we are inn for a second leg down of this recent correction (wave C) and that this should start today or by Monday. This could be a quick correction that ends by this month of August.

Please comment below your view and ideas...

Trade well ;o

VIX ready for take off... - #VIX chart https://t.co/RyzB9BGUUa

— SP500daytrader (@CosTes_trading) August 7, 2020

TVIX ready for take off... - #TVIXF chart https://t.co/7XGrQZEtnb

— SP500daytrader (@CosTes_trading) August 7, 2020

 Lots of MEJT targets below, waiting to be filled... lowest at 2768.30 SPX:

Short term trades - TZA and FAZ

TZA target 18 USD by Monday - #TZA chart https://t.co/BwpX4EDrZr

— SP500daytrader (@CosTes_trading) August 5, 2020

FAZ to 18USD by early next week - #FAZ chart https://t.co/10HKVDIUQ9

— SP500daytrader (@CosTes_trading) August 5, 2020