I am predicting another Bullish monday I have been calling this for months. Investopedia says mondays are down days, and Friday is an up day, and outright lie. I did a multiple year backwards regression test 18 years ago and it has remained true ever since, so Monday we will likley go up very Billishly, add to this we are in a Bullish time of the year, known as The Christmas Rally month.
Also, don't forget, I predicted we go up to the all time highs of last year.
Use your own best judgment, we are each responsible for our own trades, setting stops etc. I am not a professional financial planner, although I have studied the markets and trading my entire life.
Also, don't forget, I predicted we go up to the all time highs of last year.
Use your own best judgment, we are each responsible for our own trades, setting stops etc. I am not a professional financial planner, although I have studied the markets and trading my entire life.
Comment:
If you look closely at the GLOBEX nighttime session, "nighttime paper" another form of Bilderberg, lies in wait and ambushes each rally attempt. The let Retail take it up for 10 points over 20-30 minutes then crush their dreams and hopes, the first candle wipes out 50% of Retails gains, it is too early to go long, come back after 2 AM or tomorrow.
Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
At night when paper is supposedly off duty, their friends, and partners in crime multi, multi Millionaire, I want to say Billionaire Brokers, the kind with many 50 million dollar accounts under their control, take the place of daytime Paper, the pit traders as sellers. If you look closely they are constantly trying to stop upwards movement, it might take price one hour to climb above a leave and in 1 minute 'Nighttime paper" crushes their hopes by dumping a lot of contracts all at once, which sets of a chain reaction of selling... I have said all this to explain why the GLOBEX session opened with selling and continue to thwart every upward movement. I still believe the main theme of this Idea that TOMORROW we will be sailing up. It's better to begin rallying at an S level, like S3 to S5 than above Pivot where we were.