Re: the 10/29/19 suggested short in DIS.  The DIS monthly/weekly clear show DIS is executing a correction to the downside.  The weekly/daily show a likely zigzag structure, and the C wave is not just in progress…it is quite possibly complete as a 5 wave move itself.  Price has is now scribbling on the 38.2% retrace of the late 2018 low to July 2019 high.  On the other side, the C wave is still short of the A wave length, and the 1.27% extension of the A has not been hit either.

So while there is potential for more downward movement, I do not care for this trade.  It strikes me as “too late” in an almost complete or potentially now complete correction downward.  The high probability trade was as the B wave back up was stalling/turning back down, around 137.5.

Sorry to be critical but I just thought I’d share my perspective.  At this point, I think the trade is to the long side…but not yet, only after there is clarity that the ABC correction here is likely complete.  Now that I’ve said this, I’m sure you’ll get more downward movement and score here!  It’s just not a high enough confidence set up for me for the reasons I’ve given. Good luck.

I do appreciate the trade ideas, keep ’em coming, thanks!