Monday Update.

DJI- Tested DDHigh=9067 during todays session, with the highest print at 9025. Awaiting BDD=8507 to be tested within the next two trading sessions. With the assumption that DDHigh is the longer term resistence level, " The Bearish Rising Wedge" has widen, and the market has created further downside. With todays close, short term risk reward is (+1,8%/-4,42%). Long term ( two months ) risk reward is (+1,8%/-24,8%):OSEBX-Overshooted DDHigh=202 by (+3,28%), and closed todays session in top of 2,5 months trading range. Awaiting BDD 190,74 (-8,41%) to be tested within the two next trading sessions. With the assumption that DDHigh is the longer term resistence level, market has created further downside. With todays close short term risk reward is (-3,17%/-5,47%)=(202/190,7). Long term (2,5 months) risk reward is (-3,17%/-22,69%)=(202/160) Extreme good downside risk reward!
Seeking Alpha: Toward a New Model of Diversification
Seeking Alpha: 10 Contrarian Reasons for a Bottom
Seeking Alpha: Hedge Funds: Back to Basics
Bloomberg: Hedge Fund Roach Motels Might Just Be a Blessing: Kevin Hassett

Active Trades: LONG TMT Tech Basket U.S (-19,92%) LONG LCAPA (+1,12%) SHORT SDRL (-0,97%) SHORT REC ( -10,34% ) LONG Xcact BEAR (-8,24%) LONG DUG (-3,43%) (click)

Active Trades P/L: (-41,79%)
Executed Trades P/L: (+243,42 %) (click)

Total P/L: (+201,63%)

Terminology: My Dynamic Theory