A Bullish RSI14 Reversal Signal for Dow Jones Industrial.
Larry Williams call it "Trump Trap"... He assume that Dow Jones will lose about 17% from its value so it may return back to where it came from before Trump election….The most important question here is "How to benefit from this situation?"… .For me as – as you know – the answer lye in the miracle of Compound Return….I will take two series of trader… one of them with RR 500 points and the other one with RR 1000 points….If I am wrong, about direction, I will loss 2R… and if I was wrong about volatility, I will loss 1R….If I win, I will make 70R or 6R
From a seasonal point of view,
September is a good month for Gold… since 1969 Gold rise 2.16% on average in
So let's see what will happen in September
Since Ali Baba shares been out S&P500 made 24%, Ali Baba made 90% but Amazon made 188%!
Is Gold ready for another upside wave?
If past repeat its self then we shall see some kind of decline at the near future...
I really like the way by which Keltner Channel appear on Gold graph... It seem as if it can catch every Gold move since the begin of 2017
Dow Jones Industrial 23000 point :)