The gap down this morning - across all markets - is signalling a Wave 3 down in at least the equity markets and maybe even the bond and possibly the crypto sectors. For now, there is enough money to be made in Bonds and Stocks to not worry about Crypto until the two-week cycle bottoms next week. As for stocks, the Dow chart below is suggesting a minimum 10% drop over the next 30 days. Intermediate Term Sell Signal: DIA, SPY, QQQ, IWM Option: QQQ Jun $300P (4.20-4.25)
