Another great night killing the market and making good profits as the Dow Jones sold off after a steep rebound. I was in the cafe yesterday noon and was sending out market predictions to my traders and let them know what to do in the night. My outlook was to short the Dow Jones when it rebounds and look to finish the trade within the night and not hold overnight since the Dow Jones might rebound the next day. At 9.30pm, the Dow Jones opened and exactly to what I predicted, the market rebounded first which I expected. My job was to finish the job clean by shorting it when it rebounds. Sell on strength was correct because after touching a supply zone, the Dow then slowly suffered profit taking and started to slumber down.
The sellers were huge and throughout the night, the Dow Jones came down after my noon prediction. It tried to run but every time it was hit by more sellers until touching the demand zone. It was pretty late before the Dow recovered back a little. So indeed, it was correct, the trade has to be finish within the night and congrats to all traders who took actions and made $$. Looking to the next trade.
Ron K - A Game Changer
