Just think of buying ONE contract of ES futures on 11/7/2016 at 2080.50 and selling same ES future contract on 8/8/17 at 2017. Yes, that was a 400.00 tick rally since new POTUS Trump was elected. This would have been posit in dollars of- $20,000. I guess buy and hold strategy would have worked here.
I believe that this RALLY is seeing a lot of signs of being DONE at this time. On chart is BB (20 MA) almost rolling over black 50 MA, if this happens this will be verification of BEAR market starting. RSI on bottom of chart is showing decline too. This ES future market can drop 40.00 in one day, so be ready for this.
I believe that this RALLY is seeing a lot of signs of being DONE at this time. On chart is BB (20 MA) almost rolling over black 50 MA, if this happens this will be verification of BEAR market starting. RSI on bottom of chart is showing decline too. This ES future market can drop 40.00 in one day, so be ready for this.