As we close out this very successful week of trading, we wanted to provide some additional analysis and research regarding our belief for what next week holds. Before we get into the analysis for next week, let’s take a bit of time to recap this week’s success from the
Recent trades, UGAZ, FAS, and TECL have been rocketing higher – as we predicted. On friday, we closed our TECL position to lock in the 18.3% gains with the intent to re-enter with new trade opportunities as our strategies tell us. The single point of success for all of us is to manage our assets well in an attempt to achieve greater long-term success. We are still holding the other trades open for larger gains next week.
Now, onto our research and analysis. This Daily SPY chart shows us that price has already breached the recent price peak level – indicating that an attempt to push to new price highs should continue. Yet, the downward sloping resistance level (in YELLOW) is the current boundary for
This Daily Transportation chart shows the opposite side of the bullish breakout – where
This week, we sent an update that included the Weekly YM ADL predictions (below). We want to stress that as long as the ADL system is predicting much higher price targets and current price levels stay dramatically away from these predicted targets, we are seeing a “price anomaly” pattern setting up. We have seen many of these over the past few weeks and months. When these types of patterns
We believe the reason for this is that price should be nearer to the predicted ADL levels and, when the price anomaly pattern sets up, the external pricing factors that are preventing
Be prepared over the next few weeks as we try to guide our followers towards some incredible profits. We are still waiting for technical confirmation of this breakout, but it should not be long now.
Be safe. This has been a great week and next week should be just as good!