It all began in my first post on this
blog, back on February 9, 2015, when I posted the following: "Oil -
currently at 52.18. Awaiting on another test to the mid 40's to start
accumulating and build a long position for the months to come." This call
was against the widespread opinion of the street that called for oil’s further
move downwards towards the 30's. Our opportunity began on March 16th,
when the Oil contract went all the way down to 45. On April 7th,
despite some mixed signals in the Oil market, I insisted on sticking to my call
for a move towards 60. Last week on April 30th, Oil touched 60 (at
59.89 to close the week at 59.29). That's a 1500-point profit from the mid 40's
where we first bought Oil (as you can see in the chart below).
Thanks to the model's prediction we
were able to enter at the bottom, and reach our profit target of 1500 points in
merely several weeks. More to come.
EUR/USD 1.1186
Despite the strength the Euro gained in recent days, my call remains to sell the Euro/Dollar on the highs.
Dow 18024
My short call from the 18200 level still in the making for the months to come.
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