Market has plummeted as was forecasted. Today - Tuesday market lapsed down as much as it was supposed to go down today. So the market performed what I call a “snap-back” to the G-Line. This happens often and you can see that in our past forecasts
Here is what I mean -
Depending on what the forecast looks like for the rest of the week a trader can either cover his shorts at the open or move his stop to lock in the profits.
This is a great example of why our forecasts should be used primeraly for weekly swings and not intraday noise.
Here is another example of the snap-back on the entire week -
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