Another good Dow outlook yesterday afternoon where I predicted that the market would tank. More specifically, I gave accurate instructions on how to short it down using those weak rebound that happened when the market opened. I shorted not the best price but near peak and true enough, the market has some congestion and slumbered down towards the end of the night and when market closed, the Dow ended red and low with my predictions materializing again. It's time tested for many years and many occurrence with my traders where they profited handsomely from my outlook. All of them who traded with my outlook made $$ which made me happy of course.
Look at the 5 minute chart, the Dow has those short comings of wb and lesser buyers where it when it moved higher, the sellers was always looking to sell. Then when market opened, the Dow rebounded strongly but that was soon washed off with more sellers at the supply zone since the earlier sellers in the afternoon were not done with their selling yet. As the night goes along, the Dow kept testing that supply zone where more sellers kept throwing consistently till the buyers couldn't take it and it ended red. Congrats to all making $$.
Ron K - A Game Changer
