The chart posted is that of NVDA . I now feel the RISK is at a 10 out of 10 .based on wave structure and the relationships within the waves . last week I talked about 2.618 on a log scale as being an issue and we saw the reaction at that point 733 we then declined in an ABC and wave 2 and 4 were equal . I then labeled the decline as wave4 waves 1 and 5 would be equal at 775 plus or minus 3 so now I can count a 5 wave structure and on NEWS we are also just outside the daily BB bands and at a trendline . Can we extend yes will we ? . I trade only based on MATH and EW . I will now EXIT ALL LONGS IN QQQ this morning and SMH GOOG AAPL and move to a 105% in CASH .BEST of Trades WAVETIMER .
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