Friday, December 28, 2018

518 points from short trades when Dow Jones had its biggest points gain in history!

It was a bullish trading day on 26 Dec after the Christmas Holiday. Dow Jones recorded its biggest points gain in history, with a 1158 points rally at the stroke of midnight. 

However, though it did not hit our predicted day low, our RHO Index Key Levels strategy still managed to yield good returns on the corrections. A short trade at RHO intermediate day high at 12.57am could have yielded 352 points, and a short trade at RHO day high at 1.57am could have yielded 166 points. I am glad that the RHO day high was tested again at 3.27 am before the final 558 points rally. This shows that the RHO predicted levels were indeed significant levels.

All posts and charts are for educational and illustration purposes only

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