My Other Scenario: Dow About to Fall 3000 Points

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. -------------------------------- “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory --------------------------------------------------------------- - [North Korea Is on Investors’ Radar]( - [How Long Can Mr. Market Waffle?]( - [One-Decision]( Are Too Enticing to Shun for Long]( - [Over-Under Bet for a Holiday-Shortened Week]( - [‘Seasonality’ Takes a Licking]( - [Pre-Holiday Hijinx]( - [Is ‘Matt’s Curse’ About to Doom Stocks?]( - [Nasdaq Produces a Rare Profit for Shorts]( - [AMZN Glowers at Bears]( Rick's Pick for Wednesday Dow Scenario II: A 3000-Point Plunge Published Tuesday, Feb 20, 7:50 p.m. EST Although the Dow fell 254 points on Tuesday, you can see that the selling inflicted precious little damage on the E-Mini S&Ps (click on inset). They would need to fall to the green line to trigger a ‘counterintuitive’ short, and that is what I expect to happen. I usually wait for Hidden Pivot levels to get hit before I hazard such predictions, but I am so cautious most of the time that I hope you’ll pardon me just this once for going out on a limb, even if I’m wrong. Actually, I am prepared to turn hell-of-bullish if the futures surprise by rallying above the ‘external’ peak at 2763.00 (see inset), especially within the next two or three days. Since getting short with a sell-top at 2695.66 would imply entry risk of nearly $3000 per contract, I would suggest doing so only with a ‘camouflage’ set-up. Stay close to the chat room for guidance on this in real time, assuming the signal hasn’t been triggered in the dead of night. Once decisively below the green line, the March contract would become an odds-on bet to reach 2637.16, a midpoint Hidden Pivot support associated with a target at 2520.16. If that last target is achieved, the Dow, currently trading for around 24,964, would be nearer 23,000. There’s a bigger, bearish pattern that could conceivably be in play if the futures close beneath 2579.41 for two consecutive days. Its target is 2404.66, which would equate to a drop in the Dow of around 3000 points. If you don’t subscribe but want to join in the fun, [click here]( for a two-week free trial to Rick’s Picks, including access to a 24/7 chat room that draws great traders from around the world. [follow on Twitter]( || [forward to a friend]( Copyright © 2018 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646Louisville, CO 80027 [Add us to your address book](//Com.us1.list-manage.com/vcard?u=822f57272edf2c46e4f77a7be&id=ca89ff5d33) [unsubscribe from this list]( | [update subscription preferences](