Stock Market Update, Outlook and Forecast for September 2013--Speculative Short Position Entry

This is a speculative position for the run down to the lower price targets into September 18-20 per the analogs. The Analog Post.  If you look at the analog post that I created to map this down move, you can see the binary moment. We either have put in a bottom, or we are going to hit the September 18-20 low in the orange scenario on the S&P 500 chart, and the white scenario on the Dow chart in the post. As we did not hit price targets on September 4, I am leaning towards tthe September 18-20 low. THIS IS SPECULATIVE, meaning currently the chart entry setup is not there.

Currently the daily chart is bullish so I am front running. There is a chance we put in the correction bottom, but I do not like that the price targets were not hit so I am attempting to fade this bounce per the plan. August 28, Bounce Coming Post.

I think I am early here for this try. I had planned to enter either on September 6 or 9. But, I am out the next few trading days so I am entering it here at the 50 DMA. Here is the entry chart: I will allow this to work or to get stopped out.  Since the May 22 top, so far, the Wonderwood Trades have gathered 38.01 SPY points (approximately 380.10 SPX points) trading in both directions and all trades posted real time. Recent Wonderwood Summary. As always, this may be one that fails.  I may not post again until the week of September 18-20, or possibly the next week as I have been taken away with my outside life the next 8 weeks.  As always, I will post when the position stops or is booked.

Peace, Om, SoulJester