Good evening, readers!
Both of my targets for Emini and Nasdaq were successfully met overnight, resulting in a profitable sell-off for subscribers. For Emini, I utilized levels ranging from 4447 down to 4415. Subsequently, I dispatched an update on X, indicating that the Emini is targeting VAL 4378, provided we remain below the HVN range of 4410-4422.
This prediction proved accurate, resulting in two aggressive sell-offs, ensuring we positioned ourselves advantageously. Nasdaq reached its intended mark, initiating a sell from the short level of 15155 down to the target of 14988. Along with the Emini update shared on X, Nasdaq registered an additional 170-point sell-off during the cash session. Throughout the majority of the session, bids seemed to gravitate toward the VAL, but this momentum gradually waned, paving the way for the anticipated sell-off.
Moreover, Gold exhibited a sharp decline, effortlessly surpassing my 1942 target. In the realm of Oil, it surged impressively to my anticipated mark of 91 before retracting, coming tantalizingly close to my set short target for the day.
Prominent stocks such as Boeing, McDonald's, Starbucks, Netflix, Broadcom, Adobe, Eli Lilly, and Alibaba experienced significant declines today. Many of these haven't yet reached their weekly targets. I anticipate further sell-offs in these stocks, especially if the indices persist with the downtrend observed this week.