Using 1987 as my template on the weekly chart, I am following price up to 49,500 at the 1.25X range expansion where I will place half my order. Then when I see a lower high and engulfment, I will place the other half of my order for the flash crash down to the 50% gold line.
I will be using 1200 tick stops with 11,000 tick targets.
I am expecting around November of 2025 as the time to go short.
I will use 5 MYM micros risking $3,000 on the first half and another 5 MYM for $3,000 on the second half.
IF, everything goes to my plan, then I will bank $55,000 on this trade.
I will then use that $55,000 to buy my YM down at the 38,000 level to then start the wealth accumulation towards 150,000
SEE 1987 CHART BELOW FOR REFERENCE:
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It should then take until 2028 to grind back up to the highs of 50,000 before it then makes its way back up to 150,000.