Could be a giant butterfly in DJI

Updated
DJI is going parabolic. I do not think the moves in RUT and DJI are rotations, I think we're seeing stop hunts.

SPX and Nasdaq hit their monthly resistance levels and started dropped. While this happened the other rocketed, but they only rocketed to their respective resistance levels.

Could be these are stop hunts. And the butterfly is a big stop hunt pattern...
Note
Profit taken on shorts 40,200.

Would like to sell into a bounce.
Trade active
Back in 40,500
Trade closed manually
Out shorts 39340
Note
Back in shorts
Harmonic PatternsTrend Analysis

Also on:

Disclaimer