3 Numbers of Oil & JPY
You thought that quiz i posted last Friday in Cordoba had nothing to do with the markets. Think again. 3 of the 4 numbers are related to oil, rather to to a certain date to be more precise. Out of the several trades I shared with the WhatsApp Group, the one that remains valid right now (if you receive this late) is Short USDJPY --and we're going to 157.70s. Watch the brief video til the end to understand the meaning and possible implications of the numbers for today's actions/events. Watch here.
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Once you have watched this 45-second video about the stock markets' ability to shrug geopolitical tensions, ask yourself how long this rally will last. We all know how April is one of the best months for the markets. We also know about the Sell-in-May-&-Go-Away. Will it be so obvious? Here is when the signal was issued. Watch here.
Read More...On March 30th, I sent an IMT (see here) highlighting how we called the bottom in Nasdaq at 22780, with a video demonstration shown here . On Monday, we issued a bullish post on Nasdaq, calling for a rally extension to 24,440 at the meeting point of the 200-DMA. This is what we call 2000 points highlighted to out WhatsApp Bdcst Group members. We ignored the insults-ridden messages of Trump, we disregarded his threats to "destroy civilisation" and stayed Long Gold and Long Nasdaq until 4840 and 24,440. 4840, you may recall is a near make-or break level for Wave 4. So, You have two choices: Chase Trump and the news on every release, or stick to a set of fundamental and technical framework. Here is one message sent on Monday before going on holiday.
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