A divine intervention called Brexit confirmed my short call

Back in April 18 when the crowd was in euphoria as the Dow Jones index hit 18000 and everyone was expecting the market to keep climbing, I posted my altitude sickness post calling to short the market for a profit target anywhere between 500 to 1000 points. In fact 500 points came in less than a month later and a full 1000 points as of today thanks to our friends in the UK who voted for Brexit.

My prediction was based on pure fundamental and technical analysis which Brexit wasn't part of the equation. But as I saw many times throughout the years that once all the signs point to a certain direction, market and world events will follow.  A classic example is the unexpected vote to leave the UK which triggered the selloff I was predicting. I call it the divine intervention. Praise the Lord or whoever that is!

Dow Futures at 16983: