Yellow alert for shorts as we arae heading for the trough

For today we might see a 740 has hold bounce but that will not be it.
Left hand the BKX which is about to hit the temp. lows we were looking for. In case of the BKX we need another dive below 20 to get closure. More importantly is the weekly count on the SPX and DOW which are in week 12 which is one week away from the red alert 13 count but we are testing for the SPX the 740 support of Nov and as the DOW we need to wipe out some stops below to get a rally thereafter as some people will short markets if we drop below. That will be only briefly as we are about to finish wave 5 soon. we have to drop around 5% from current levels on average to get the trough and time frame remains at 3 weeks. We are heading for an ugly Full Moon in 14 days exactly on the Saturn/Uranus opposition which has triggered a 20% sell off each time (4th Nov and 5th Feb about to finish). That should mark the climax of the current decline wave and trigger a sharp rebound thereafter which will likely last 2-3 months.